A total of 116 employees were apprehended in a suspected love and cryptocurrency scam hub in Ermita, Manila.
The joint operation was conducted by the National Capital Region Police Office (NCRPO), Securities and Exchange Commission, and the Philippine Amusement and Gaming Corporation.
Of those apprehended, 47 are Filipinos, 35 are Chinese, 24 are Indonesians, and 10 are Malaysians.
The scam modus operandi involved luring victims, mostly Europeans, through fake romantic relationships and fraudulent cryptocurrency investments.
PNP-ACG Cyber Response Unit chief P/Colonel Jay Guillermo stated that victims are lured through messages, with the suspects targeting European countries.
He also mentioned that Indonesian suspects used automatic translators to make victims believe they were communicating with locals.
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