Philippines romance fraudsters allegedly swindle Aussie men with fake crypto deal

Federal police are working with Philippine authorities to identify Australian victims of romance scams after 250 cybercriminals were arrested in Manila last month.

Philippine law enforcement agencies arrested more than 190 foreign nationals and 68 Filipino nationals for alleged immigration offences after searching a scam compound in Pasay City on October 3.

Scammers allegedly targeted men over the age of 35 on social media and dating applications.

Australian police search a scam compound in Manila for intelligence relating to Australian victims (AFP)

Scammers built trust with victims before asking them to invest money in a fraudulent cryptocurrency trading platform, working in shifts to align with Australian time zones.

“A large portion…

Source link