Scott Bessent Says Asian Scam Centers 'Steal Billions' From Americans Each Year: Treasury Will 'Disrupt' the Networks Behind 'Egregious Fraud'
Scott Bessent said scam centers in Southeast Asia steal billions from Americans, as Treasury sanctioned Xinbi Guarantee.
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Why It Matters
Scam centers in other countries are stealing billions of dollars from Americans by tricking them. The U.S. Treasury is working to stop these fraud networks and make it harder for them to operate.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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