Financial Crime World

Title: “Cambodian Man Charged with Money Laundering Using Cryptocurrency: A Warning from the Department of Technology Crimes”

Arrest of a Suspect for Alleged Money Laundering Scam

  • A Cambodian man was taken into custody on March 28, 2024, for his involvement in money laundering schemes using cryptocurrency.
  • The arrested man, whose identities are not yet disclosed, was allegedly utilizing false social media identities to deceive victims.

Social Media Accounts Used for Fraudulent Activities

  • The Department of Technology Crimes identified several false social media accounts, including:
    • Facebook: Heng pichii, Chi Chii
    • Instagram: Heng pichii7
    • TikTok: HENG pichii
    • Telegram: Heng pichii
  • The accused has defrauded several individuals, and legal action has been initiated against him.
  • The Phnom Penh Municipal Court is currently holding the suspect.

Investigation and Public Warning

  • The Department of Technology Crimes strongly advises the public to exercise caution:
    • When using social media.
    • Before transferring funds to unverified accounts.
    • To prevent potential fraud victims.
  • The Department of Technology Crimes continues its investigation, and encourages the public to avoid investing in digital currency that is not legally recognized by the Royal Government of Cambodia.

Official Statement

  • The Department of Technology Crimes emphasizes efforts to maintain the security and integrity of both traditional and digital financial systems.
  • The public is reminded to prioritize safety:
    • Be vigilant when engaging in financial transactions.
    • Follow legal stipulations.