Home Current News Philippines arrests 270 Chinese citizens in fraud raid

Philippines arrests 270 Chinese citizens in fraud raid

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Philippines arrests 270 Chinese citizens in fraud raidPhilippine police have arrested more than 270 Chinese nationals in a raid on a gang wanted over a vast investment fraud that cost victims in China millions of dollars, authorities said Friday. Agents swooped on an office building in the capital Manila on Wednesday to take four suspects into custody in connection with the 100 million yuan ($14 million) scam, but stumbled upon many more. “The operation then yielded the incidental arrest of 273 other Chinese nationals who were caught in the act of conducting illegal online operations,” immigration authorities said, without elaborating.

Source: yahoo.com/news