The Filipino police reveal crypto fraud and saves over 1,000 victims of human trafficking: report

The Filipino police reveal crypto fraud and saves over 1,000 victims of human trafficking: report

Over 1,000 victims of human trafficking who were forced to work for up to 18 hours a day for cryptocurrency fraud were saved by the Filipino National Police (PNP).

The 12 alleged ringleaders were arrested by the authorities and are charged with human trafficking. These include seven Chinese citizens, four Indonesians and a Malaysian.

crypto fraud ring blasted

According to a report of local media, the victims immediately accepted the job offers after the perpetrators lured them with free flights and accommodations. On their arrival, however, their passports were confiscated and they had to work up to 18 hours a day, in addition to salary deductions for contact with colleagues or longer breaks.

An official unveiled that a total of 1,090 people were saved after they were acted and captured from several nations to violently operate online fraud. The workers came mainly from Asia, including Vietnam (389), China (307), the Philippines (171), Indonesia (143), Nepal (40), Malaysia (25), Myanmar (7), Thailand (5), Taiwan (2), Hong Kong (1).

Michelle Sabino, spokeswoman for the anti-cybercrime Group (ACG) of the PNP, announced that she has arrested at least 12 alleged ringleaders, which is assumed that they are the operators of a fraudulent organization called Colorful and Leap Group Co. All of them were subjected to an investigation procedure for human trafficking before the Ministry of Justice in Manila.

In an explanation of the media, Sabino found that the operators trained the workers in tempting strangers to buy cryptocurrency or to pay funds on fake bank accounts after they had built up fake love relationships. Especially unsuspecting people in the United States, Europe and Canada were attacked by the fraud.

"You will build a promise together on a good future. Let us buy a house, buy a car, invest money or do business together."

faultless crypto romance fraud

Cryptopotato previously reported that fraudsters had changed their tactics in the bear market. One who gained awareness was-crypto-romance fraud-in which bad actors build romantic relationships with sacrifices about online platforms in order to get them with various methods.

This includes the direct request of crypto or offering a form of fraudulent investment advice or malicious links to apps and websites that can empty the victim's cryptocurrency money exchanges.

In a similar case, a 60-year-old Indian lost almost $ 30,000 in a crypto investment fraud after she was addressed on the marriage page in March.

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