Philippine authorities have rescued alleged victims of a crypto trafficking ring recruited to scam people out of their cryptocurrencies. pigbutchering
Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may have assisted crypto trafficking syndicates.
Bureau of Immigration Commissioner Norman Garcera Tansingco explained that BI officers intercepted the alleged victims as they were about to board a plane to Phnom Penh on Jan. 15. Noting that these passengers had fake return tickets, the commissioner said they gave “inconsistent answers” to questions asked by BI officers, “which raised suspicions that they were merely disguised as tourists but their purpose is to work abroad.
We want to also help locate and arrest those illegal recruiters that entice employees to take part in their illegal scheme … They are the root of this societal problem and they must also be arrested for this crime. The Bureau of Immigration is currently investigating at least three persons of interest in the case, said BI spokesperson Dana Sandoval. Regarding whether this crypto trafficking case is related to human trafficking syndicates in Cambodia and Myanmar, she admitted: “That’s what worries us. It seems to be related.”
Crypto crime syndicates have been recruiting unsuspecting victims to work in call centers, particularly in Asian countries, and scam people on social media and dating apps. One of the most common tasks for trafficked victims is “pig butchering,” a type of crypto scam. According to aTens of thousands of people from across Asia have been coerced into defrauding people in America and around the world out of millions of dollars. Those who resist face beatings, food deprivation or worse.
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