Recent Major Cryptocurrency-Related Scams in the Philippines
Learn about the recent cryptocurrency scams targeting investors in the Philippines.
Celebrities File Estafa vs. Students In Php 8 Million Crypto Scam
Salas then affirmed that after their second investment, weeks and months had passed, and the group had absconded with their money.
Fear of Crypto Scams: Filipino’s Top Barrier to Enter
Learn about the main barrier preventing Filipinos from entering the crypto space and explore initiatives addressing this issue.
Sen. Hontiveros: Crypto Scam Hubs Now Operating in PH
The senator warns of the growing crypto scam industry in the country, with trafficked foreigners forced to become scammers.
Pinoy Loses 1.4 Million Pesos After Investing in a Crypto Exchange Fraud
The PNP is already investigating the cryptocurrency scam and has advised the public to carefully research before dabbling into investments.
Beware of Job Offers in Social Media: BI Issues Warning on Crypto Scam Trafficking
The Bureau of Immigration (BI) has issued a warning to the public about job offers in social media that are run by trafficking syndicates.
3 OFWs Turned Into Crypto Scammers by Chinese Mafia Share Experience in Senate Hearing
According to them, their main recruiter is Rachel Almendra Luna, who has agents in the country who take care of the recruits’ papers.
Immigration Confirms Rescuing 6 Alleged Victims of Chinese Mafia Forcing OFWs to be Crypto Scammers
As per the BI, the immigration officer who cleared the passengers for departure is now being investigated and has been relieved temporarily.
Chinese Mafia Forcing Pinoys to Do Crypto Scam Still Active
According to an alias Miles, the victims were promised BPO-related jobs but ended up being forced to scam citizens from western countries.
Rise in Scam Tokens: Report Reveals Over 350 Crypto Scams Created Per Day in 2022
Solidus said 12% of BEP-20 tokens & 8% of ERC-20 tokens created are fraudulent, & $2M worth of funds have been stolen since Sept 2020.