AI is supercharging a ~$442B scam economy that is bigger than the global cocaine trade, as the Chinese scam industry spreads beyond Asia's fortified compounds (Bloomberg)

TechmemeOctober 12, 2026en

Bloomberg : AI is supercharging a ~$442B scam economy that is bigger than the global cocaine trade, as the Chinese scam industry spreads beyond Asia's fortified compounds — Samsung computers, Huawei smartphones, Redmi handsets and dozens of Chinese and Malaysian passports.

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