BRICS Nations Vow Joint Action Against Cross-Border Fraud Networks

At their recent summit in New Delhi, BRICS nations (Brazil, Russia, India, China, and South Africa) expressed serious concern over the proliferation of organized scam networks and cross-border fraud activities. They agreed to cooperate in dismantling these networks, tracing illicit funds, and enhancing cross-border asset recovery. The New Delhi Declaration lists these fraud networks and activities as transnational crime threats to be addressed jointly. It proposes strengthening joint law enforcement, intelligence exchange, and case cooperation, as well as improving the identification and interception of suspicious funds. The declaration also supports the establishment of a BRICS asset recovery expert network.