TechFlow news, on August 23, according to Bitcoin.comNews, the National Capital Region Police Office (NCRPO) of the Philippines raided a suspected cryptocurrency scam center in Parañaque City, arresting 99 suspects. During the operation, police apprehended three key individuals from AIA Company: its manager, owner, and supervisors. The company is accused of conducting cryptocurrency and online romance scams, employing 64 foreign nationals and 32 Filipinos as customer service representatives.
Jose Melencio Nartatez, head of NCRPO, stated that the company forced employees to pose as wealthy models to lure victims into investing in manipulated cryptocurrency trading platforms. Investigations revealed that the company was not registered with the Philippine Securities and Exchange Commission,涉嫌 violating the Cybercrime Prevention Act of 2012 and the Securities Regulation Code of the Philippines.
