The National Capital Region Police Office (NCRPO) of the Philippines took decisive action by raiding a suspected site engaged in cryptocurrency and cyber romance scams in Parañaque City. The operation led to the arrest of 99 suspects, including key figures such as the company’s manager, owner, and supervisor. Investigations revealed that the company employed 64 foreigners and 32 local Filipino employees as customer service representatives. According to the police, the enterprise forced its staff to act as wealthy models to deceive victims into investing in their manipulated cryptocurrency trading platform. Notably, the company was not registered with the Philippine Securities and Exchange Commission and is suspected of violating the Anti-Cybercrime Law of 2012 and the Securities Regulation Code of the Philippines.