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US Strike Force Takes Aim at Southeast Asian Scam Centers

an hour ago   bankinfosecurity

US Attorney Jeanine Pirro Cites Trump Goal in Making Crypto 'Safe' for Investors Suparna Goswami (gsuparna) • November 13, 2025

Oceanfront high rises in the China Special Economic Zone in Ton Pheung, Laos, one of the countries targeted by the U.S. government's new Scam Center Task Force (Image: Shutterstock)

Cryptocurrency investment scams typically involve fake online crypto trading platforms that trick victims into investing huge sums of money as they believe their crypto earnings are rising. Running the scams are transnational criminal networks based in Southeast Asia, with operators who create fake identities and prey on U.S. victims through social media or text messaging, often blossoming into romance scams.

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The U.S. Treasury Department estimated Americans lost $10 billion to organized crime scam centers in 2024 - a 66% increase over the previous ...


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