Reports highlight that Europeans are losing billions of euros to online “cyberscams,” while the European Union’s efforts to target the criminal networks behind many of these schemes are described as slower than those of the United States, the United Kingdom and China. The coverage focuses on scams linked to networks operating in Southeast Asia, which are believed to run large-scale fraud operations that reach victims across multiple countries in Europe. While law-enforcement and regulatory bodies work to improve investigations and disrupt online fraud, the articles argue that current EU actions have not kept pace with the scale and speed of the fraud. The reporting points to gaps in coordination and effectiveness, suggesting that faster, more coordinated international cooperation and stronger targeting of the underlying networks are needed to reduce losses. Across the sources, the central theme is the mismatch between the growing financial impact on European victims and the EU’s comparatively delayed response to the offshore and cross-border nature of the scams.