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The Economic Times
The Economic Times
National

BRICS declaration vows cooperation to dismantle cross-border scam networks

New Delhi: BRICS countries on Saturday expressed "serious concern" over the proliferation of organised scam networks, including cross-border fraud operations and so-called scam compounds, vowing coordinated international action to dismantle these networks and trace illicit funds.

In the New Delhi Declaration adopted at the BRICS Summit, member countries highlighted the growing threat posed by digital technologies, payment systems and emerging financial channels being exploited to carry out large-scale fraud and victimise vulnerable individuals.

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