PETALING JAYA: The “scam industry” in South-East Asia is generating revenue amounting to billions of US dollars, and authorities in the region have been stepping up their efforts to curb scams.
According to the United Nations’ most recent report on Online Scam Operations and Trafficking, global scamming generated US$7.8bil (RM36.8bil) in stolen cryptocurrency in 2021, with South-East Asia accounting for a sizable portion.
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