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AI is supercharging a ~$442B scam economy that is bigger than the global cocaine trade, as the Chinese scam industry spreads beyond Asia's fortified compounds (Bloomberg)

Bloomberg : AI is supercharging a ~$442B scam economy that is bigger than the global cocaine trade, as the Chinese scam industry spreads ...

12 October 2026

AI is supercharging a ~$442B scam economy that is bigger than the global cocaine trade, as the Chinese scam industry spreads beyond Asia's fortified compounds (Bloomberg)

Bloomberg:
AI is supercharging a ~$442B scam economy that is bigger than the global cocaine trade, as the Chinese scam industry spreads beyond Asia's fortified compounds  —  Samsung computers, Huawei smartphones, Redmi handsets and dozens of Chinese and Malaysian passports.

Posted from: this blog via Microsoft Power Automate.

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