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Explore the intersection of cybercrime and human trafficking in this 48-minute panel discussion from the Milken Institute's Asia Summit 2025. Examine how Southeast Asia has become a global epicenter for sophisticated cyberfraud operations, where criminal syndicates operate industrial-scale "pig-butchering" scam centers staffed by trafficked workers who target victims in wealthier markets like Singapore and Hong Kong. Learn about the evolution of these schemes, which often masquerade as cryptocurrency investments or online romance scams, and discover how they exploit digital wallets, social media platforms, and regulatory gaps to steal billions in illicit funds. Understand the staggering scale of this crisis, with UN estimates indicating global losses of $37 billion in 2023 alone, and analyze the urgent need for coordinated international action to combat this growing threat. Gain insights from a distinguished panel including CNN International's Manisha Tank, Meta's Director of Public Policy Rafael Frankel, Singapore's Chief of Digital Security and Technology David Koh, The Washington Post's International Investigative Correspondent Shibani Mahtani, and Harvard University Visiting Fellow Jacob Sims as they unpack the complex cybercrime ecosystem and the forces driving its rapid expansion across the globe.
