US$7mil laundered cash uncovered in Phnom Penh

PHNOM PENH: The Phnom Penh Military Police have broken open a major fraud operation, with at least one victim losing as much as US$7 million.

The victim was misled into believing that genuine US dollars could be used to “clean” US$28 million in “stained” dollars, which would then be shared with the gullible victim.