Local

8 Israelis Among 500 Arrested In Philippines For Alleged Online Fraud

Philippine police arrested nearly 500 people, including eight Israeli nationals, who they say were involved in an online investment fraud that victimized people overseas, including in Australia and South Africa, police said Thursday.

In one of the Philippines’ biggest anti-cybercrime busts in years, police chief Oscar Albayalde said 474 Filipino employees and the Israelis were taken into custody following the raid on three buildings in Clark Freeport, a former U.S. Air Force base north of Manila, where the alleged online fraud was committed.

The suspects lured victims into investing in foreign stocks in a purportedly flourishing London-based company then took their money through an online app after obtaining their bank account and credit card details, said Chief Superintendent Marni Marcos, who heads the national police Anti-Cybercrime Group.

The Israeli men were arrested “while in the act of managing, operating and manning the three target buildings” while the Filipinos were caught communicating and doing online transactions with foreign clients from Europe, New Zealand, Australia, South Africa and Russia, Albayalde said in a statement.

Police video shows officers with assault rifles, backed by special forces units, barging into a vast office and repeatedly yelling “Hands up!” while ordering some of the suspects not to touch their computers. Some of the Israelis could be seen being led away in handcuffs.

Police seized evidence from the computers showing they were “engaged in a fraudulent online trading activity that involves millions of U.S. dollars victimizing other foreign nationals all over the world,” Albayalde said. State prosecutors were assessing criminal complaints against the suspects.

Some foreign victims traveled to the Philippines and reported to the police details of the alleged fraud after obtaining information from some disgruntled syndicate members, Marcos told reporters.

(AP)

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Local

More in Local

d4de519e0f74cd183f5241a576de37bb.jpg

Democrats Promise to Revive The Russia Probe If They Win The House

adminOctober 22, 2018
b94a75efd845fa42a81d7426cfb572c9.jpg

ARRESTED AGAIN: Pizza Deliveryman Arrested By ICE At Brooklyn Military Base Jailed on Domestic Violence Charges

adminOctober 22, 2018
9295a5b0e4e835d10a34bb6203d643fe.jpg

SHIKSA?! UN Ambassador Nikki Haley Pokes Fun at Herself at NY Charity Event

adminOctober 22, 2018
8efc733738742a2a6afd4c4915afa913.jpg

NEW TOOL: Credit Card Limitations For Get Refusers In Israel

adminOctober 22, 2018
39dacafd4f9446e07b6b9c1080bc25da.jpg

SHE CAN STAY: Israel’s Supreme Court Overturns Deportation of American BDS Activist Lara Alqasem

adminOctober 19, 2018
e9c580e4876a2d0e8bd5dfacc570fe2c.jpg

U.S. Navy Helicopter Crashes On USS Ronald Reagan In Asia, Sailors Hurt

adminOctober 19, 2018
40d09691d037c70f0175319962c4fd29.jpg

Trump Organization Sues Man Who Died In Trump Tower Fire

adminOctober 19, 2018
01f7e6c814135f9890e7ba67550f5c56.jpg

Twitter Releases Archive of 10 million Tweets From State-Backed Troll Accounts

adminOctober 18, 2018
4de607e38cb91049f817c5fea9d76ce2.jpg

Trump Asks Cabinet To Cut Next Year’s Budgets By 5 Percent

adminOctober 18, 2018