More scammers setting up shop in Yangon

More scammers setting up shop in Yangon

Legal users are drawn to cheap business space and a large number of educated young people looking for work.

More scammers setting up shop in Yangon
Call-center scammers are drawn to Yangon’s low-cost company area because of its strong economy. ( Image: Bloomberg)

According to Radio Free Asia( RFA ), call center scams in Myanmar, which are primarily associated with its lawless border regions, are also establishing themselves in the commercial center Yangon.

Users are taking advantage of” a nearly endless pool of educated, poor Yangon people ,” according to RFA, citing the findings of an investigation conducted in Burma. This is in addition to the availability of cheap office space in a struggling business.

According to the report, the Yangon-based centers boast a traditional company setting with no worker misuse, in contrast to functions in areas like Shwe Kokko, which is controlled by Chinese criminals on the Thai boundary opposite Mae Sot.

Younger people in Yangon who responded to job postings for online sales were interviewed by RFA Burmese, and they were quickly hired after responding to a few questions via communications app.

MMB Tower, a contemporary office tower in the center of Yangon, received fresh recruits. According to RFA, they joined a large group of people from Myanmar, Laos, Vietnam, China, and Thailand that.

The former office of Myanmar Mayflower Bank, owned by the king Kyaw Win, were located in MMB Tower. Two decades after the US government sanctioned the lender for money laundering, the authorities shut it down in 2005.

Yangon Airways used to be housed on the second floor of MMB, but in April 2022, Win Win International E-Commerce established a presence there. Postings for work at MMB Tower started appearing on Facebook, Telegram, and Viber in October 2022 after extensive repairs were completed it.

People who were questioned by RFA Burmese claimed that they were given access to up to six fictitious social media accounts and put to work using them to get in touch with prospective romantic and economic scam patients.

Given that the minimum daily compensation in Myanmar is 4,800 kyats, the monthly pay was listed as 450, 000 kat, or$ 129, which is a respectable amount. They informed RFA Burmese that as long as staff signed in and out, they were free to come and go as they pleased.

A man who claimed to have worked as a cyber scam recruiter for two months in Yangon’s Junction City complex— a complex with shopping centers, condos, and an office tower with 23 stories — was contacted by RFA, according to the publication.

At least 120, 000 people are violently employed in the computer con market in Myanmar alone, according to a recent United Nations statement.