Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M
May 04, 2026
Mobile Security / Financial Crime
A coordinated international operation involving U.S. and Chinese authorities has arrested at least 276 suspects and shut down nine scam centers used for cryptocurrency investment fraud schemes targeting Americans, resulting in millions of dollars in losses. The crackdown was led by the Dubai Police, under the United Arab Emirates (UAE) Ministry of Interior, in partnership with the U.S. Federal Bureau of Investigation (FBI) and the Chinese Ministry of Public Security. Among those arrested are individuals from Burma and Indonesia, who were apprehended by authorities from Dubai and Thailand. Thet Min Nyi, 27, Wiliang Awang, 23, Andreas Chandra, 29, Lisa Mariam, 29, and two fugitive co-conspirators have been charged with federal fraud and money laundering charges in the U.S. "Fraudsters who target Americans from overseas cannot operate with impunity, no matter where in the world they reside," Assistant Attorney General A. Tysen Duva of the Justice Department's (DoJ) Crimi...