The National Bureau of Investigation (NBI) arrested seven Vietnamese and three Chinese nationals in Paranaque City for alleged violation of the Anti-Financial Account Scamming Act.
The arrests stemmed from an intelligence report saying the suspects were engaged in investment fraud, crypto asset or cryptocurrency scam, artificial intelligence scam, high yield investment program, romance con game, and identity theft through the internet.
The Vietnamese were identified as Phan Viet Ngan, Do Anh Tuan, Nguyen Duc Anh, Phan Kim Sang, Vo Hong Sy, Nguyen Van Khanh, and Doan Van Dung. On the other hand, the Chinese suspects were identified as Zhang Ming Yi, Xin Yai Huang, and Himen Chen.
Last week, the NBI-National Capital Region implemented a warrant that resulted in the dismantling of the crime ring.
Based on the seized translated transcripts, subjects are engaged in phishing and scamming activities.