US-China Partner in Joint Raid to Shut Down Dubai Crypto Scam Centers

A joint international operation led by Dubai Police, with US and Chinese cooperation, raided nine (9) Dubai-based operation centers running pig-butchering cryptocurrency investment schemes and arrested two hundred seventy-six (276) suspects. These networks built fake online friendships or romances to lure victims onto bogus crypto platforms, then drained their funds, urged them to borrow more, and laundered the money through additional accounts. Four (4) alleged organizers face US fraud and money laundering charges: Burmese national Thet Min Nyi (Ko Thet Company) and Indonesians Wiliang Awang, Andreas Chandra, and Lisa Mariam (Sanduo Group and Giant Company). Awang was arrested in Thailand; the others were detained in Dubai, while two (2) co-conspirators remain fugitives. The case stems from numerous FBI complaints and millions in US victim losses, in a landscape where investment fraud caused $8.6 billion in reported losses in 2025. It is part of broader efforts by the DOJ’s Scam Center Strike Force to disrupt crypto scam networks that siphoned $16 billion from Americans last year, amid growing concern over scam centers across Asia often linked to human trafficking.