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A comment on U.S. Sanctions Cambodian Conglomerate, Citing Role in 'Pig-Butchering' Scams. Parent comment

Re:U.S. Sanctions Cambodian Conglomerate, Citing Role in 'Pi... by pyrale on Wednesday October 15, 2025 @03:26AM (#45589136)
First off, the amount seized was not necessarily made in a year.

Second, most of the money would not make it to the Cambodian economy. It is likely laundered abroad. The whole operation is likely multinational, with only the workforce located in Cambodia.

[ Parent | on HN ]
Re:U.S. Sanctions Cambodian Conglomerate, Citing Role in 'Pi... by hdseggbj on Wednesday October 15, 2025 @10:40AM (#45593356)
You don't have to launder money when the leader of the country is involved.
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Re:U.S. Sanctions Cambodian Conglomerate, Citing Role in 'Pi... by PaywallBuster on Wednesday October 15, 2025 @11:33AM (#45594167)
Cambodia is also big player in money laundering

(not only for these cambodia originated crimes)

Also keep in mind all the bribes, all the money laundering mentioned in the article by the 100s of affiliated subsidiares of the criminal group all in Cambodia

the big casinos which directly and indirectly support additional laundering

https://www.fincen.gov/system/files/2025-10/Huione-Group-Fin...

https://www.kharon.com/brief/huione-group-cambodia-treasury-...

Every business has revenue / costs

The indictment mentions they were doing 30M/day ~ 10B / year, could be an old message when they were smaller

Guessing that's revenue

They're just one of many organizations in the "industry"

[ Parent | on HN ]