APG’s 2025 Typologies Report reveals that fraud accounts for 59% of reported cases, exposing the growing nexus between cyber scams, human trafficking, and virtual assets across Asia-Pacific

The report presents 114 case studies from 17 APG members and one observer jurisdiction, with fraud appearing in 59% of cases, financial institutions remaining the most used channel, and virtual assets, mule accounts, third-party platforms, cash and legal persons featuring prominently across laundering methods. It gives particular attention to cyber scam hubs and human trafficking in Southeast Asia, warning that industrial-scale fraud compounds generate tens of billions of dollars annually and require stronger intelligence sharing…