Last month, Cambodia launched a large-scale crackdown on telecom fraud, with officials stating that 3,075 people were arrested in 138 raids nationwide, including over a thousand Chinese nationals. However, many industry insiders pointed out that this operation mainly targeted scattered dens, with large parks almost unaffected.
Amid border conflicts between Cambodia and Thailand, both countries accuse each other of being hotbeds for telecom fraud. The Thai side even cut off electricity and internet in parts of Poipet and issued a warrant for Fu Guoan, dubbed the "Poipet Godfather," directly linking telecom fraud to collusion with Cambodian elites.
Scholars in the journal "Dialogue" analyzed that although the Cambodian side made high-profile sweeps, they did not touch the core supports of the industry—the local protection networks and park infrastructure. As long as these two pillars are stable, fraud gangs can quickly resume operations after the storm passes. Similar past operations often captured only the lower levels, with equipment and personnel easily replaceable, leaving the parks still brightly lit and bustling as usual.
Is Cambodia's anti-fraud campaign all bark and no bite? Large parks remain unscathed.

Comments0
The bosses of these major parks are all colluding with the government.
No strength, then everywhere people use you as a sacrifice.
The most pitiful are the retail investors.

It's just a drill.
These large industrial parks all have shares held by the Hong family.
It's just for show to China.
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