Ending the Scamdemic: The Case for a Global Scam Action Task Force
What happens when scams grow faster than risk teams can respond?
Scams are the fastest-growing financial crime in history. Risk leaders and fraud-prevention teams cannot afford to keep playing catch-up. Scams have become a $75B global industry growing 40% every year. At that pace, losses hit $10 trillion by 2030.
Every week, organizations are expected to stop this with outdated frameworks and siloed tools. The truth: Current approaches will not win this fight.
This paper makes the case for the Scam Action Task Force (SATF), a permanent, global body with the power to dismantle scam networks, free the trafficked, and protect citizens’ savings. Modeled after the Financial Action Task Force (FATF) that reshaped global money laundering enforcement, SATF would bring binding standards, real consequences, and coordinated action to match the scale of this Scamdemic.
Together, Operation Shamrock and Sardine.ai have created a white paper that lays out a path forward. Inside, you will find:
How scams scaled into a trillion-dollar industry
Why outdated frameworks leave victims unprotected
Proven wins from Singapore, the UK, and the Philippines
A 10-point strategy to disrupt scams in real-time and recover funds faster
These are not small-time fraud rings. They are industrial operations: scam cities run with trafficked labor, laundering billions through crypto, and built to overwhelm your defenses.
Full article: Ending the Scamdemic: The Case for a Global Scam Action Task Force (SATF)