👀 Myanmar🇲🇲: life sentences introduced for operating scam centers and cryptocurrency fraud
👀 Myanmar🇲🇲: life sentences introduced for operating scam centers and cryptocurrency fraud
In addition, Parliament approved the death penalty for individuals who force people to work in fraudulent call centers, including cases involving kidnapping, unlawful detention, torture, and other related offenses.
😬 Background: at the end of 2025, reports revealed the existence of a transnational criminal network that recruited foreign nationals through job offers in Thailand. After completing an online interview, victims were invited to travel to Bangkok and were later transported to Myanmar through routes that avoided official border crossings. During the same period, the United States🇺🇸 Department of the Treasury imposed sanctions on companies in Myanmar and Cambodia🇰🇭 allegedly linked to these activities.
😬 Legislative measure: Parliament approved a bill to combat online fraud, establishing prison sentences of at least 10 years for those responsible. It has not yet been confirmed whether the bill has received presidential approval or when it will enter into force.
😬 Context:
➡️ The civil war, ongoing since 2021, has contributed to the expansion of scam centers in Myanmar. The conflict also complicates law enforcement efforts due to the presence of armed groups in affected areas.
➡️ Global losses resulting from cryptocurrency fraud reached USD 11.4 billion last year.
#news #scams #Asia #cryptocurrency
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