Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
401 Foreign Nationals Arrested in Pasay City POGO Raid
Abstract：401 foreign nationals were arrested in a Pasay City POGO raid for illicit activities, including scams. Authorities crack down on illegal offshore gaming operators.
401 foreign nationals were arrested in a Pasay City POGO raid for illicit activities, including scams. Authorities crack down on illegal offshore gaming operators.
MANILA, Philippines — Authorities arrested 401 foreign nationals in a major raid on a Philippine Offshore Gaming Operator (POGO) hub in Pasay City.
The Presidential Anti-Organized Crime Commission (PAOCC), in collaboration with the Philippine National Police (PNP), the Department of Justice (DOJ), and the local government unit, led the operation.
Breakdown of Arrested Foreign Nationals
- 207 Chinese nationals
- 132 Vietnamese nationals
- 24 Koreans
- 11 Malaysians
- 14 Indonesians
- 12 from Myanmar
- 1 from Madagascar
- 52 Filipino workers were also found on-site.
Evidence of Illicit Activities
The raid followed a mission order from the Pasay City Business Processing License Office after reports of a high number of foreign nationals at the site. The PNP CIDGs Anti-Organized Crime Division validated the information before the operation.
Authorities uncovered evidence of cryptocurrency scams, love scams, investment fraud, and spamming. The site contained:
- Text blasters
- One-time password generators
- Cold crypto wallets
The scammers primarily used Viber and Telegram for their fraudulent activities.
Government Crackdown on Illegal POGOs
The Pasay City Government immediately issued a Cease and Desist Order (CDO), shutting down the operation.
This raid is part of the governments nationwide crackdown on POGOs, which have been operating illegally since December 15, 2024, when all licenses were revoked. On October 15, 2024, foreign POGO workers were ordered to downgrade their special visas to tourist visas.
The government intensified its action following President Ferdinand Marcos Jr.'s announcement of a POGO ban in his third State of the Nation Address (SONA) in July 2024. The decision followed congressional inquiries exposing POGOs' involvement in illegal activities.
Authorities continue their efforts to dismantle illegal gaming operations in the country.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Scam Alert
Investment Scam
Fraud Alert
Cryptocurrency
Crypto Market
Breaking News
Market News
Securities and Exchange Commission
Philippine Securities and Exchange Commission
PH SEC
Read more
Firsttrade Review: Traders Raise Ponzi-Style Scam Concerns, Withdrawal Denials & More Issues
Have you lost all your capital while trading via Firsttrade? Does the US-based forex broker disallow you from withdrawing funds? Do you have to pay massive fees when transferring funds? Does your trade get affected because of frequent malfunction in the trading app? These have been haunting many traders at Firsttrade. Consequently, many of them have raised complaints online. In this Firsttrade review, we have shared such complaints. Keep reading to know about them.
Original Three days ago
Don’t Get Scammed: A Roundup of Common Online Fraud Tactics in Forex
Forex scams are evolving faster than ever; learn the most common tactics (cloned platforms, fake investment managers, fake recovery services) and how to spot them before you deposit.
Original Three days ago
Defcofx Review: Spread Manipulation & Poor Customer Support Outrage Traders
Does the poor customer support service leave you stunned when trading via Defcofx? Do you receive blunt, negative responses from the support team on several trading queries? Does the Saint Lucia-based forex broker pile on the losses for you by manipulating forex spread charges? In this Defcofx review, we have shared some complaints made against the broker. This will further answer your question: Is Defcofx real or fake?
Original Three days ago
Ponzi Scheme Operator Sentenced to 14 Years in Western Australia
Chris Marco, a Ponzi scheme operator, was sentenced to 14 years for a $34 million investment fraud in Western Australia. Read about the case and its impact.
Original Three days ago
WikiFX Broker
Latest News
Annual Sales Of New Vehicles Expected To Hit Only 15.7 Million Units: Cox
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate