Scam as a business in Philippines

[_act_]

Take a look at this image:



That is not a legit organization but a scam group from the Philippines. This is the YouTube video: https://m.youtube.com/watch?v=lOD9FSaymr8&pp=0gcJCdgAo7VqN5tD

https://youtu.be/lOD9FSaymr8?si=iJmsNJhWfRvStH7s

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

[Mia Chloe]

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

This is basically what happens when the Labour force of a country have been brainwashed by the present generation into thinking that scamming someone else or stealing from someone else is the only way to me a decent amount of money. This particular stuff isn't only in the Philippines but In a couple of other countries I don't want to mention too.
The funny and crazy thing is that if these guys should put that same effort into some lucrative and legit they would make more than they do trying to steal from the careless or poorly informed masses.

[robelneo]

The case has already been addressed by the authorities in Cebu City, Philippines. The scam is viral on many Filipino groups on social media, and the authorities have also offered to cooperate with these scam busters to trace other similar scam hubs.
For the past two years, the government has been cracking down on all these scam hubs disguised as POGO, but they are still operating under the disguise of a BPO center.
It's still a long way from the authorities to crack all of them and make the Philippines a hub for these scams.

Law enforcers are eyeing possible multiple violations under the Anti-Cybercrime Law after shutting down an alleged scam hub masquerading as a Business Process Outsourcing (BPO) firm in Barangay Kasambagan, Cebu City, not in a building at Cebu IT Park as mentioned in the viral post.

‘Scam hub’ may face multiple charges, cybercrime violations

[Dave1]

Just to be fair, it's not only in the Philippines that this scam is moving, but in India as well.

https://www.youtube.com/watch?v=7CZReZ24-to

And this is the first time that I have heard the Philippines of being involved in this kind of scams. As such, I think it is just developing into a full blow business there, but for sure the authorities will go after them as their country is not known to be a scam hub. Although the proliferation of gambling is already reaching new heights, but there have been arrest and it has been curb as far as I read.

[lionheart78]

It's still a long way from the authorities to crack all of them and make the Philippines a hub for these scams.

It is indeed a long way for the authorities to crack all of them because most authorities are not duty-obligated but always need to be fueled with money.  If there is no money to gain from the operation, these authorities won't do anything.  Just like how they tackle those Ponzi Scheme companies that are rampantly abusing naive investors. 

Aside from that, the technology of Philippines in tracking cyber criminals are so outdated, I doubt they have proper training in handling cyber cases.

Law enforcers are eyeing possible multiple violations under the Anti-Cybercrime Law after shutting down an alleged scam hub masquerading as a Business Process Outsourcing (BPO) firm in Barangay Kasambagan, Cebu City, not in a building at Cebu IT Park as mentioned in the viral post.

‘Scam hub’ may face multiple charges, cybercrime violations

They are only good in words but not action-wise, you will be surprised that this case will take years to get solved worst will be left unfinished until the case is forgotten.  This is also one of the reason why many criminals have the audacity to commit crimes in the Philippines.

Just to be fair, it's not only in the Philippines that this scam is moving, but in India as well.

https://www.youtube.com/watch?v=7CZReZ24-to

And this is the first time that I have heard the Philippines of being involved in this kind of scams. As such, I think it is just developing into a full blow business there, but for sure the authorities will go after them as their country is not known to be a scam hub. Although the proliferation of gambling is already reaching new heights, but there have been arrest and it has been curb as far as I read.

Most I watched on Youtube are from India, the whitehat hacker are able to tap the cameras of these scammers  I even enjoyed watching one of their expose' where they show how scammer search google about how he can remove the access of hackers from his camera.

[348Judah]

Take a look at this image:



That is not a legit organization but a scam group from the Philippines. This is the YouTube video: https://m.youtube.com/watch?v=lOD9FSaymr8&pp=0gcJCdgAo7VqN5tD

https://youtu.be/lOD9FSaymr8?si=iJmsNJhWfRvStH7s

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

What offers do they fake to victims that warrant them to be accepting bitcoin along other cryptocurrencies including credit card payment, they must have been operating under a particular platform which provides services that they charged people for, I've seen other platforms that will promised sending you a full packaged material for a particular amount and this sites will look legit by seeing them, but the brain behind everything was scam, we need to intensify on some of these offers we received online as well as the sites being visit, is the government or security agencies not aware of their physical location Philippines?

[cryptomaniac_xxx]

Take a look at this image:



That is not a legit organization but a scam group from the Philippines. This is the YouTube video: https://m.youtube.com/watch?v=lOD9FSaymr8&pp=0gcJCdgAo7VqN5tD

https://youtu.be/lOD9FSaymr8?si=iJmsNJhWfRvStH7s

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

What offers do they fake to victims that warrant them to be accepting bitcoin along other cryptocurrencies including credit card payment, they must have been operating under a particular platform which provides services that they charged people for, I've seen other platforms that will promised sending you a full packaged material for a particular amount and this sites will look legit by seeing them, but the brain behind everything was scam, we need to intensify on some of these offers we received online as well as the sites being visit, is the government or security agencies not aware of their physical location Philippines?

It if it not being exposed then the authorities in the Philippines might not caught up with this kind of crimes. And it is being done in the province of Cebu and not the center of their country which is Metro Manila that's why the police or the local unit was not able to track them down.

But now that they are being exposed, for sure their government will do everything to stop it. It's not like in India wherein there is no cooperation from the police and government to stop the scams. Philippine government is very different I reckon as they wanted to eliminate all the bad vices like gambling and drugs and every crime. So I'm not seeing that this will grow in their country.

[Taskford]

Take a look at this image:



That is not a legit organization but a scam group from the Philippines. This is the YouTube video: https://m.youtube.com/watch?v=lOD9FSaymr8&pp=0gcJCdgAo7VqN5tD

https://youtu.be/lOD9FSaymr8?si=iJmsNJhWfRvStH7s

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

What offers do they fake to victims that warrant them to be accepting bitcoin along other cryptocurrencies including credit card payment, they must have been operating under a particular platform which provides services that they charged people for, I've seen other platforms that will promised sending you a full packaged material for a particular amount and this sites will look legit by seeing them, but the brain behind everything was scam, we need to intensify on some of these offers we received online as well as the sites being visit, is the government or security agencies not aware of their physical location Philippines?

It if it not being exposed then the authorities in the Philippines might not caught up with this kind of crimes. And it is being done in the province of Cebu and not the center of their country which is Metro Manila that's why the police or the local unit was not able to track them down.

But now that they are being exposed, for sure their government will do everything to stop it. It's not like in India wherein there is no cooperation from the police and government to stop the scams. Philippine government is very different I reckon as they wanted to eliminate all the bad vices like gambling and drugs and every crime. So I'm not seeing that this will grow in their country.

Somehow they don't know what's happening on those private places that's why its good that we see someone expose them and the authorities is immediately doing nice action to shutdown their operation.

But for sure those criminals would transfer their operation and maybe this is what the government should monitor since its like there's big syndicate behind this operation. Its good that someone expose them since the authorities already had a hint that this kind of operation is running in their jurisdiction. And also they provably aware about what's better thing to do and  find am effective way to catch those criminals.

[Felicity_Tide]

~snip

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

This is not new at all. I watch similar clips on YouTube sometimes.
They usually act as professional customer/care service, but their aim is to steal from people while they carry out their operation on a genuine like/convincing way. This type of scam is not just found in Philippines alone, it also exist in our countries, and quite common in some of part of Asia.

What surprises me in some of the clips that I have watched is the fact that some security agents are always aware of the situation/operation, but will choose to stay silent probably because they are being paid to do so. But I even sometimes wonder how some of these victims manage to believe these scammers, because in few cases that I'm aware of, they usually make a direct phone call to their victims, and their English isn't event fluent.

[Peanutswar]

Im a fan of watching videos related to those people exposing those scammers before and I saw that video once in blue app and then upon watching the white hat hacker told that its from PH which is usually happens here in my country people doing business right here because its cheap and then they tried to scam other people like you've watch, another thing is they can easily get a business permit and operate easily because of having a poor government but afterwards this becomes trending that's the time they take an action but imagine if its not?, base on the video I've watch he keep reporting but no one answer the inquiries. Hope they will take down this kind of illegal businesses as possible.

[Zaguru12]

What offers do they fake to victims that warrant them to be accepting bitcoin along other cryptocurrencies including credit card payment, they must have been operating under a particular platform which provides services that they charged people for, I've seen other platforms that will promised sending you a full packaged material for a particular amount and this sites will look legit by seeing them, but the brain behind everything was scam, we need to intensify on some of these offers we received online as well as the sites being visit, is the government or security agencies not aware of their physical location Philippines?

They usually study the victim activities and see where he lies, this set of scammers are usually the ones that mostly use the phishing scam or say social engineering scams to get their victims, you can find many of these scammers too in India and some other countries they usually creates applications for something like payment services, they usually do give reviews on the applications and lure users with their good reviews. But the most common type of this scam is the ones that build cryptocurrency projects and promises to give out airdrops it is through this airdrop wallet connects that they get users to connect their wallet to drain them or they as for claiming fees and then drop dump tokens for the victims. Their ways are just so many but believe me they get to greedy individuals more

I don’t think they are been easily located by the security agency, once there location gets leaked they leave there. Some might even register as a legit tech firm to wade off security challenges

[Hewlet]

Unfortunately, this is not the only place this kind of People are operating in. Some of them go to the extent of travelling out of their countries to a less developed country, establish offices there and recruit people there to join them in the business. They don't give those people long term employment and don't give them much details on what there job description entails thereby making it deficult for those people to ascertain the degree of what they are getting themselves involved in. Because of the rate of unemployment, it's usually easy to get people working with them and this has led to a lot of scam cases.

Thanks this one has been uncovered but it still tells that our security personnel have to invest more into getting intelligent information like this because this might just be one of the hundreds of other similar cases that's equally happening underground.

Same way this people use this kind of cooperate environment for scamming innocent victims, there are a lot of hotels and unsuspecting offices where a lot of evil is being carried out under our watch and yet, without this kind of revelation, no one will even dare imagine that such thing is even happening there.

[notocactus]

Take a look at this image:

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

I did not watch those videos but I believe they mostly did not create any new scam type. There are a lot of common scam types which are abundant enough for this scam group, company and others to use. They don't need to be too creative or genius to scam victims successfully.

Not only in Phillipines but I also read reports on massive scam locations in Cambodia and Myamar as well as some ASEAN nations.

https://chainsec.io/scams/

[Rashlyowl]

I'm used to seeing this happen in India, but this is the first time I've come to know that this practice actually exists in many countries. They have offices & facilities, I can't imagine how much money they actually make to be able to have such great facilities.

[aioc]

Not only in Phillipines but I also read reports on massive scam locations in Cambodia and Myamar as well as some ASEAN nations.

Love and investment scams are lucrative businesses; these scam hubs have a script for their potential victims, know who they will victimize, and know how to gauge their potential victims. The Philippines is slowly eradicating these scam hubs, but there are still more, and unfortunately, there are many Filipinos who prefer to work here because of the easy money.

I'm glad we have many dedicated scam busters to expose these people, who will save hundreds of thousands of dollars from their potential victims.
I hope they continue to expose these scammers anywhere in the world, not just the Philippines.
 

[Alpha Marine]

This is basically what happens when the Labour force of a country have been brainwashed by the present generation into thinking that scamming someone else or stealing from someone else is the only way to me a decent amount of money. This particular stuff isn't only in the Philippines but In a couple of other countries I don't want to mention too.
The funny and crazy thing is that if these guys should put that same effort into some lucrative and legit they would make more than they do trying to steal from the careless or poorly informed masses.

I partly blame the governments and societies of these countries for this. These crimes did not just turn out to be a full-blown criminal organisation overnight. When these activities were still small in size, the government were nonchalant and allowed them to do whatever they wanted, and the society accepted it. The society came up with the excuse that "there are no jobs", and that was like a way of justifying the activities.
With time, it became big, and the younger people started looking up to these scammers because they made all the money.
Now, people don't even consider it a crime anymore. They see it as a way of life, and it's so normal.
It's a bit too late now, in my opinion, to do anything about it because people have tasted how much they can make from i,t and nothing is going to make them stop as long as there are victims to scam.

[qwertyup23]

This is a fair warning to everyone that there are groups around the world who are dedicated to scam people. Like what I always mentioned to posts regarding scams, always remember that prevention is always better than cure.

When this was posted on our local boards in this forum, I cannot help but to feel ashamed and embarrassed at the same time. The people in the country are trying so hard to make cryptocurrency viable as an investment opportunity in our country. But criminals like these tend to increase further the stigma related to crypto which ultimately affects everyone in the process.

I just hope that everyone would exercise being responsible and vigilant to any form of phishing scam (or any other scam). If anyone approaches you; or if you receive a message claiming that you won free cash, ignore and delete it!

[Coyster]

This does not only happen in the Philippines, there are a lot of scam syndicate like this is many other countries, particularly third world countries. A similar scam syndicate was caught in my country some months ago, and they were also into cryptocurrency and romance fraud, i am talking of around 792 persons, it was indeed a large group.

That said, the scammers are not doing anything differently, it is still the same scam we know of, they basically just have huge manpower, but the modus operandi remains the same and should be easy to avoid.

[Davidvictorson]

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

I will always say that scam is a sophisticated well planned and coordinated business. It is almost difficult to get out as a victim once you reply to their emails, text, or calls. You will first of all think that you are so intelligent that you can outsmart them but you almost can not. They are masters in human psychology and they create a "want", "need" vacuum that every human desires strives to fill. In this video, I can be sure that they have a "psychological scam department" where they invent new methods to get into the psyche of their targets. Don't engage their messages. It is hook.

[cryptoaddictchie]

The scammers move from one office to another. They said they are closing down but move to another office. They earn hundreds of dollars to almost a million of dollars annually through telling victim to send crypto like bitcoin and also through credit card theft.

Newbies can gain from the video about how they can avoid scam.

Im from that Country, and I ashamed of these people who uses their knowledge to scam other Filipinos and foreigners just to earn money. They should have used their knowledge in crypto to a more productive approach. Police should teach those bastards a lesson like rot in jail for so long they wanna forget doing bad things.