Cambodia Freezes Over $300 Million in Anti-Scam Campaign

Cambodian authorities have frozen more than $300 million in bank accounts and revoked 18 casino licences during a nationwide campaign against online scam operations.

The figures cover July 1, 2025, to October 31, 2026, and were presented by senior minister Chhay Sinarith at a November 6 diplomatic briefing in Phnom Penh.

Authorities reported taking action at 972 locations and preparing 568 cases for court proceedings. A total of 5,032 suspects were charged and placed in pre-trial detention, while 23,760 foreign nationals from 38 countries were repatriated. 

Casino Licences Revoked and Suspended

Officials linked the 18 revoked casino licences to the Prince Group network. Another ten casino licences were suspended.

The latest suspension total is one higher than the nine reported by Cambodia’s state news agency in September. At that stage, authorities said the suspensions remained in place pending further investigation and evidence collection. 

The licensing measures form part of a broader effort to investigate premises and financial channels allegedly supporting online fraud.

Asset Recovery Remains Subject to Legal Proceedings

Alongside the frozen bank funds, authorities reported securing movable and immovable assets valued at hundreds of millions of dollars. These assets are subject to legal confiscation procedures; the announcement does not establish that final forfeiture has been completed.

Investigators are examining financial structures, hidden assets, cryptocurrency transactions and casinos allegedly conducting unauthorised online gambling activities. 

International Cooperation Targets Networks

Chhay Sinarith said Cambodia was conducting further investigations into individuals and entities associated with Prince Group and cooperating with international law enforcement bodies, including the FBI and Interpol.

Officials also identified human trafficking connected to scam compounds as a priority, alongside protecting and repatriating people deceived or trafficked into those operations. The repatriation total therefore should not be treated as a count of convicted offenders.