- BI has rescued six suspected victims of a cryptocurrency trafficking ring.
- On January 15, they were set to take a flight to Phnom Penh.
According to reports, the Travel Control and Enforcement Unit (TCEU) of the Philippine Bureau of Immigration (BI) reported on Friday that it has rescued six suspected victims of a cryptocurrency trafficking ring.
The passengers were about to board a Jetstar flight to Phnom Penh on January 15 when they approached and invited for questioning by employees from the BI’s travel control and enforcement branch, as per Immigration Commissioner Norman Tansingco (TCEU). In addition to delivering contradictory answers, the passengers also submitted false return tickets, as per the BI TCEU president Ann Camille Mina.
Ann Camille Mina, TCEU’s acting head, added:
Eventually, they admitted that they will be working in a call center in Cambodia and were recruited through Facebook.
Pig Butchering, the Crypto Scam
At least three people are being looked at by the Bureau of Immigration, concerning BI spokesperson Dana Sandoval’s opinion. As per reports, Crypto criminal groups have been enlisting unknowing victims to work in call centers. Primarily in Asian nations, and scamming people on dating apps and social media. “Pig butchering,” a kind of cryptocurrency scam, is one of the most frequent chores assign to victims of human trafficking.
One of the fastest-emerging scams that have troubled new cryptocurrency investors is pig butchering, also known as Sha Zhu Pan. On social media, dating, and communication tools like SMS texting, scammers approach possible victims cold. These schemes usually involve cryptocurrencies, though they can equally involve other sorts of financial trading.