A senior U.S. official accused the Chinese government of implicitly backing Chinese criminal syndicates that run large scam compounds across Southeast Asia and of commingling scam proceeds with state-linked projects. The testimony highlighted ties to developments like Yatai New City and warned that China’s selective crackdowns have driven these operations to target Americans, costing U.S. citizens billions annually. #YataiNewCity #WanKuokKoi
Keypoints
- A U.S. commissioner accused Beijing of implicitly supporting Chinese-led scam compounds that steal billions from foreigners.
- Investigations found links between scam profits and Chinese state-linked projects, notably Yatai New City and other Belt and Road investments.
- China’s crackdowns appear selective—reducing domestic losses while scams targeting Americans have risen sharply.
- Beijing has used the scam crisis to expand law enforcement influence in Cambodia, Laos, Myanmar and Thailand.
- Proposed responses include a centralized scam-reporting portal, tougher tech and crypto rules, better information sharing, and faster authority for DOJ strike forces to seize scam websites and assets.
Read More: https://therecord.media/china-scam-compounds-southeast-asia