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The Asian Fraud Prevention Summit held in Bangkok announced a survey showing that fraud losses in 13 Asian markets in the past 12 months amounted to US$136.5 billion, and called on all countries to strengthen intelligence sharing, joint investigations and pre-intervention.
The “Asia Fraud Prevention Summit” was held in Bangkok this week. More than 800 people, including government officials, banks, technology companies and other representatives, gathered to discuss fraud prevention issues. At the same time, a survey was announced at the meeting and reported that 13 Asian markets had underperformed in the 12 months prior to the survey.scam The fiscal deficit was US$136.5 billion.Thailand Delegates called for greater cross-border intelligence sharing to track criminal networks and cut off financial flows.
The “Global Anti-Scam Summit Asia” moved to Thailand for the first time this year and was held in Bangkok for three consecutive days from the 10th. During the meeting, the “2026 Asia Fraud Survey Report” was released.
The report notes that 71% of adults surveyed in 13 Asian markets said they had experienced fraud in the 12 months prior to the interview. The report estimates that a total of $136.5 billion was lost to fraud in these markets during the same period. Taiwan’s victims suffered an average loss of US$4,728, fifth behind Japan and South Korea.Singapore With Hong Kong.
The report also shows that 80% of Asians who have experienced fraud have reported it to relatives and friends or online platforms. However, only 43% of victims who suffered financial losses reported it to the competent authorities. Therefore, “how to enable the public to identify and promptly verify risks, find clear reporting channels, and transform relevant information into protective actions, is a topic that the fraud prevention ecosystem needs to jointly respond to.”
Additionally, 71% of victims expressed hope that banks could take the initiative to adopt blocking mechanisms when suspicious transactions are detected. This suggests that people expect financial institutions to intervene more actively and provide protection before losses occur. It also highlights that fraud prevention mechanisms should extend from reporting to pre-warning and blocking.
Jaturapat Bhiromkaew, Thailand representative of the International Criminal Police Organization (INTERPOL), said on the 11th that combating international online fraud should not rely only on the arrest of suspects, but should also trace criminal networks, cut off the flow of funds, and identify and protect victims forced to participate in human trafficking and fraud.
He said: “Thailand has integrated cooperation with law enforcement agencies, banks and telecommunications operators, and strengthened international intelligence sharing and joint investigations. Thailand calls on all countries to strengthen cross-border coordination, take responsibility for actions, and prevent criminal groups from using national borders and law enforcement loopholes to relocate their bases.”
“Digital trust is the foundation of the sustainable development of the digital economy,” said Jianfu Guo, co-founder and CEO of trust technology service provider Gogolook, one of the organizers of the Asia Fraud Prevention Summit.
He pointed out that when fraud crosses national borders and industries, security must move from risk management of individual organizations to a responsibility shared by government and enterprises. Through intelligence sharing, clear division of labor and immediate intervention, risks can be effectively stopped before they can build trust and pay off.
The “Asia Anti-Fraud Summit” was co-organized by Global Anti-Fraud Alliance GASA, Thailand’s Ministry of Digital Economy and Society, Royal Thai Police, Bank of Thailand, Gogolook and Meta. A total of more than 800 experts and scholars from all walks of life, government agencies and technology industry players gathered to focus on countermeasures against AI fraud and technology regulations.
Summary FAQ
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The report shows that 71% of adults surveyed across 13 Asian markets had experienced fraud in the past 12 months, and the total financial loss was estimated at US$136.5 billion, indicating that the problem of fraud in Asia is large and spreading.
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The representative of Thailand advocated not only arresting suspects, but also detecting criminal networks, cutting off the flow of funds, protecting victims of human trafficking or forced fraud, and strengthening international intelligence sharing and joint investigations.
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The report shows that 80% of those who have been defrauded will report it to relatives, friends or the platform, but only 43% will report it to the competent authorities; Another 71% of victims expect banks to actively stop suspicious transactions if they detect them.
