[ad_1]
Fraudsters running cyberscam operations in Cambodia could face life in prison after the Senate approved a new law on Friday targeting criminals involved in the multi-billion-dollar illicit industry.
The Southeast Asian nation has emerged as a hotspot for crime syndicates running fake romantic relationship and cryptocurrency investment schemes in which scammers — some willing, others trafficked — defraud internet users around the world.
Operated out of fortified compounds across the region, the global cyberscam industry has reached “industrial proportions”, with estimates of its annual revenues as high as $64 billion, according to the UN Office on Drugs and Crime.
[ad_2]
Click Here For The Original Source.
