Asia-Pacific cyberscam victims lost up to US$114 billion last year: UN

Asia-Pacific cyberscam victims lost up to US$114 billion last year: UN
Victims of transnational online scams in East Asia, Southeast Asia, Australia and New Zealand lost up to US$114.1 billion last year, a UN report said on Tuesday, with estimated losses at least tripling from 2023. Southeast Asia, especially Cambodia and Myanmar, has emerged as a regional hub for crime syndicates running fake romance and cryptocurrency investment schemes in which scammers – some willing, others trafficked – defraud internet users around the world, often from fortified...

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