China Has its Sights Set on Scammers, Just Not Those Targeting Americans 

The report describes a surge in China-linked industrial-scale scam centers that increasingly target foreigners—particularly U.S. citizens—using scaled social-engineering (pig-butchering), AI-enabled deception, and cryptocurrency laundering; it highlights China’s selective enforcement, U.S. responses (sanctions and an interagency strike force), and recommends transaction-layer controls, continuous social-engineering validation, and improved detection to mitigate the large financial impact.