According to Stock, the new cyber-scam centers, which are frequently run by willing staffers who are marketed as having legitimate jobs, had helped organized crime organizations diversify their revenue from drug trafficking.
He claimed that drug trafficking companies still made up 40 % to 70 % of criminal organizations ‘ income.
” But we see groups evidently diversifying their unlawful businesses using drug smuggling routes even for smuggling of human beings, prostitution of arms, academic property, stolen goods, car theft”, Stock said.
According to him, between US$ 2 trillion and US$ 3 trillion in illegal proceeds are channeled yearly through the global financial system. An organized crime organization can generate US$ 50 billion annually.
More than 100 000 people were trafficked into virtual fraud centers in Cambodia, according to the United Nations next year. Myanmar handed over tens of thousands of Chinese telecoms scams suspects to China in November.
A Reuters investigation last year revealed the existence of a particular reported hacking ring in Thailand and how it was funded.
Singapore was praised for its role in detonating a money laundering case last year involving seized assets worth more than US$ 3 billion ( US$ 2.23 billion ).