A surge in financial scams has been reported globally, with notable incidents occurring in Southeast Asia and Hong Kong. In Southeast Asia, tens of thousands of individuals are reportedly held captive in scam compounds, where they are forced to defraud victims through dating apps and social media. In Hong Kong, a retiree shared his experience of losing his life savings to a crypto scam, highlighting the personal toll of these fraudulent activities. Additionally, in India, victims of 'Digital Arrest' scams are experiencing severe financial losses. In a related incident, nearly 100 students from two universities in Hong Kong collectively lost HK$75 million due to various scams. The rise in such scams, particularly targeting vulnerable populations like the elderly, has raised significant concerns among authorities.