Illegal online gambling operations across Southeast Asia have grown into a major driver behind global scam networks now stealing billions from Americans each year, according to the chairman of the House Select Committee on China. At a Capitol Hill hearing Tuesday (May 19), committee chairman John Moolenaar said Chinese-linked criminal organizations originally built much of the region’s underground economy around online gambling businesses before expanding into fraud, money laundering, cybercrime, and human trafficking. Americans lost at least $10 BILLION to China-linked scams in 2024, and the threat is growing. Today, Chairman @RepMoolenaar laid out how China-linked criminal networks are operating at industrial scale powered by illicit finance, human trafficking, and weak governance in… pic.twitter.com/dpqpx9KgfP — Select Committee on China (@ChinaSelect) May 19, 2026 “Our nation confronts one of the fastest-growing and largest financial threats facing Americans: the industrial-scale scam and fraud ecosystem fueled by China and enabled by corruption, weak governance, and illicit finance in Southeast Asia,” Moolenaar said. Lawmakers used the hearing, titled “Crime, Corruption, and Power: The Rise of CCP-linked Scam Networks Targeting …