31 More Filipinos May Be Trafficking Victims in Myanmar
One of the 12 victims who were recently rescued believes that there are still 31 other Filipinos who may need to be saved.
Online App Scams Man With P230k Investment
An IT specialist is seeking help of the NBI to get his money back (around P230,000) from an online investment app.
PNP Tells Public: Be Cautious in Fake Crypto Investments as Holiday Season Gets Nearer
The Philippine National Police advises Filipinos to be careful of cryptocurrency scams specially during the holiday season.
SEC Warns Public: Sophia Francisco Holding Continues Illegal Scheme Under ‘CRYPTOGIX’
As per the SEC, illegal corporation Sophia Francisco Holdings still operates, now in the name “CryptoGix”
Alleged Crypto Scam Deceives 1,000 Victims
When the victims tried to get their money back, the managers just told them that the quota had been reached.
Sen. Hontiveros Reveals Plot to Recruit OFWs to be Crypto Scammers Abroad
A large scale human trafficking syndicate is turning OFWs to be crypto scammers in Myanmar, Sen. Hontiveros revealed.
Report: Crypto Scams Are Second Riskiest in the US
The lack of previous crypto knowledge on the consumer’s part enables scammers to take advantage of them by convincing them of significant returns for their investment.
Philippines SEC Advisory on Coin De Oro
Simply, an investor is entitled to receive passive income from the pool of investment traded as Coin De Oro cryptocurrency, while active income is acquired from recruitment bonuses.
Former Vice Mayor Investigated For Involvement in Cryptocurrency Scam
Mr. Egypto of SEC said he is not surprised that the scams are also preying on people with authority, such as the former vice mayor, because it makes it easier to lure ordinary people to invest.
SEC: Scammers Usually Claim They Invest Their Funds in Forex and Crypto to Justify Earning Capacity
An advisory from the Philippines’ Securities and Exchange Commission (SEC) has detailed how unlicensed investment firms have begun soliciting investments from social media and has used its power to lure investors in illegal money-making schemes.