South Korean Crime Syndicates Expand in Philippines After Crackdown on Chinese Online Gambling
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Insights by Echo AI
South Korean crime syndicates are taking advantage of regulatory gaps in the Philippines, building a parallel illegal gambling industry worth tens of billions of dollars after the government cracked down on Chinese online gambling companies (POGOs) suspected of human trafficking and fraud. Recent high-profile arrests have revealed the extent of this secret black market, with South Korean women like Kim Young-ae controlling multiple illegal online gambling websites and making billions in illegal profits. Experts warn that although the Marcos Jr. government ordered a ban on POGOs, the South Korean gambling black market remains active and deeply entrenched.
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