The human trafficking crisis in Southeast Asia has escalated into a global concern. Organized crime rings, which initially fueled an “explosion” of human trafficking and cyber scam centers during the pandemic, have now expanded their operations beyond the region. Let’s delve into the details of this urgent issue.
Driven by online anonymity, inspired by new business models, and accelerated by COVID-19, these criminal groups now operate on an unprecedented scale. What began as a regional threat in Southeast Asia has transformed into a global human trafficking crisis. Millions of victims suffer, both within the cyber scam centers and as direct targets.
The emergence of new cyber-scam centers, often staffed by unwilling individuals trafficked under false promises of legitimate jobs, has allowed organized crime groups to diversify their revenue streams. While drug trafficking remains a significant contributor (accounting for 40% to 70% of criminal groups’ income), these groups are now branching out. They exploit drug trafficking routes for other illicit activities, including:
An astonishing US$2 trillion to US$3 trillion in illicit proceeds flow through the global financial system annually. Organized crime groups can rake in up to US$50 billion per year. These staggering numbers underscore the urgency of addressing this crisis.
Singapore deserves recognition for uncovering a significant money laundering case last year, involving seized assets totaling over SG$3 billion.
As the crisis intensifies, urgent action is needed to combat human trafficking, protect victims, and dismantle criminal networks.
With the end of the decade fast approaching, the International Monetary Fund (IMF) has published a report outlining the world's…
Big floods and mud from a mountain caused by heavy rain killed almost 41 people on Sumatra island, Indonesia. More…
Vietnam, a land blessed with mesmerizing natural beauty and imbued in rich history, offers a transcendent travel experience aboard its…
Manchester United's strong defender and famous French footballer Raphael Varane at the end of the season will exit Manchester United,…
The United Arab Emirates (UAE) and Indonesia have advanced considerably in the process of forging their bilateral defense cooperation throughout…
With the latest breakthroughs in artificial intelligence, it is now possible to create visuals that are almost lifelike. These days,…
This website uses cookies.
Read More