‘A cancer’: UN warns Asia-based cybercrime syndicates expanding worldwide

Cybercrime syndicates from Asia have caused $37 billion in losses across the region, with the UN warning of their global expansion into Africa, South America, and beyond. These gangs, operating from Myanmar’s border areas and Cambodia’s “special economic zones,” exploit trafficked workers to commit offenses like fake investments and romance scams. They’ve also forged alliances with drug cartels and mafia groups, using cryptocurrency mining to hide illicit funds. The UN warns the networks adapt swiftly, spreading like a cancer that law enforcement can only temporarily disrupt.