Cambodian authorities say they have dismantled all major online fraud compounds on their territory. Officials warn that criminal networks are now shifting to smaller, distributed sites that are harder to track and raid.
The US has simultaneously revoked visas for 32 individuals linked to cyber-enabled fraud. Most are tied to Cambodia-based Prince Group, a conglomerate American authorities connect directly to casinos and scam operations.
Cambodia has been a hub for Southeast Asia's scam industry in recent years. Large compounds, often inside casino zones, housed hundreds of operators running romance scams, crypto fraud and fake investment platforms. Large-scale raids shut down those sites, but the business is adapting.
The shift to small sites means breaking operations into groups of a few dozen people in apartments or offices. No single IP block, no large legal entity, no visible infrastructure. That makes enforcement harder for regulators and risk identification harder for the industry. Affiliates working with Asian traffic need tighter supply-chain checks: toxic leads may now come through distributed channels, and the link to Cambodian operations is no longer obvious. Risk is up, transparency is down.
