Cryptocurrency scam victim loses P1.4M

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A victim of an alleged cryptocurrency scam sought the help of authorities after losing around P1.4 million.

A victim of an alleged cryptocurrency scam sought the help of authorities after losing around P1.4 million, Chino Gaston reported on “24 Oras” on Monday.

He initially put up $3,000 or P100,000 but was encouraged to invest more after his money earned 10% in less than five minutes.Searching the Internet, George said he found other individuals who fell victim to the scheme. George sought assistance from the Philippine National Police Anti-Cybercrime group and found his money was transferred to 100 different digital wallets and accounts.

“We are now requesting the preservation ng data. Pag na-preserve na yun we will file a warrant to disclose computer data for us to be able to gather the information regarding the identity of the suspect for filing of appropriate charges,” said PNP-ACG Spokesperson P/Capt. Michelle Sabino.

 

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