The General Secretariat of the Commercial Gambling Management Commission of Cambodia (CGMC) convened a meeting in Phnom Penh on June 22nd to discuss mechanisms for collecting, managing and disposing of property confiscated from online scam offenses, Khmer Times reported.
The meeting was chaired by Yeth Vinel, Secretary General of CGMC, and attended by Nom Sinith, Deputy Director General of the General Department of State Property and Non-Tax Revenue (GDSPNR) under the Ministry of Economy and Finance (MEF).
According to CGMC, the meeting brought together advisors, department directors and commission officials to review procedures and strengthen coordination over assets seized from online scam-related activities. Discussions focused on ensuring that confiscated property is handled in accordance with applicable laws and regulations, while promoting transparency, accountability and effective asset management.
The issue comes amid repeated enforcement actions against scam-linked sites in Cambodia, including operations involving casinos and suspected online fraud centers. Reported raids have involved the seizure of electronic equipment such as desktop computers, laptops, tablets, mobile phones, SIM cards and WiFi devices, as well as passports and vehicles.
In related international enforcement action, U.S. authorities have also pursued forfeiture of cryptocurrency linked to alleged Cambodia-based scam compounds, while describing proceeds used to buy luxury assets including watches, yachts, private jets, vacation homes and artwork.
