Asia Pacific Cyberscam Victims Lost Up to US$114 Billion Last Year: UN The United Nations Office on Drugs and Crime has released a report estimating that victims of transnational online scams in the Asia Pacific region lost up to $114 billion last year.
This staggering figure is at least three times higher than estimated losses from 2023, painting a grim picture of the illicit economy's dramatic scaling.
Southeast Asia has emerged as a hotbed for this activity, with Cambodia and Myanmar serving as regional hubs for crime syndicates peddling fake romance and cryptocurrency investment schemes.