WASHINGTON: The US Justice Department announced the creation of a new "Scam Center Strike Force” to combat a surge in cryptocurrency‑investment fraud by transnational criminal organizations operating out of South-East Asia.
The interagency task force is designed to investigate, disrupt and prosecute the most egregious schemes, estimated to be defrauding Americans of nearly US$10 billion annually, it said in a statement on Wednesday (Nov 12).
