Networks that once operated within specific territories or illicit trades are increasingly expanding across multiple illegal markets while using shared services, said Delphine Schantz, UNODC Regional Representative for Southeast Asia and the Pacific.

The losses from online scams, mostly investment fraud, are at least triple that from 2023, reflecting a ‘dramatic scaling’, the report says.

Networks that once operated within specific territories or illicit trades are increasingly expanding across multiple illegal markets while using shared services, said Delphine…