The online investment scam hub in Barangay San Roque, Antipolo, Rizal was raided by authorities, where more than 70 people were arrested. The operation was led by the PNP Anti-Cybercrime Group together with the SEC, Rizal Provincial Police, and Antipolo City Police.
The raid was conducted using a search warrant against the building owner, alias “Arthur”. He is facing charges of violating the Securities Regulation Code and Cybercrime Prevention Act of 2012.
According to the PNP Anti-Cybercrime Group, they have been monitoring the area since last year. They were contacted by an Australian national from IFW Global who reported an investment scam targeting foreign victims.
Among those arrested were several minors who were allegedly involved in the said scam operation. The PNP assured that its operations against online scams and other illegal activities will continue.
