Cambodian authorities signed a decree on the 6th, announcing that the country's Anti-Telecom Network Fraud Law has officially come into effect.
The law is divided into 5 chapters and 24 articles, and was recently approved by the National Assembly.
According to the law, anyone using technical means to commit fraud will be sentenced to 2 to 5 years in prison and fined 200 million to 500 million riels (approximately RM200,000 to RM500,000). If the case involves organized crime or numerous victims, the maximum penalty can reach 10 years in prison. Organizing or directing a telecom network fraud center carries a maximum sentence of 30 years in prison; if the crime results in death, life imprisonment can be imposed.
The law also stipulates that those who recruit or train others to engage in telecom network fraud, illegally collect others' identification documents or personal information for use in fraud, or commit money laundering related to such crimes, will also be held criminally responsible.
In addition, the law provides measures regarding the freezing and seizure of accounts involved, disposal of illegal gains, and international law enforcement cooperation.