Deepdives 
The US Treasury has revealed that a major Cambodian conglomerate has laundered over $4 billion for various criminal clients. This illicit marketplace has become known as an ‘Amazon for criminals‘ due to its vast and sophisticated operations.
Among its clients are:
- North Korean hackers
- Multiple transnational crime groups
This highlights the conglomerate’s international reach and influence. The activities of this group have raised serious concerns about:
- The growing complexity of global money laundering networks
- The challenges involved in combating such operations
This situation sheds light on how illegal operations are increasingly adopting efficient, large-scale models, similar to legal businesses, to facilitate their crimes. The involvement of both cybercriminals and organized groups underscores the evolving landscape of global crime and the urgent need for stronger regulatory measures.
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