1 minute read

More raps for Chinese in POGOs

By Rey E. Requejo

THE 27 Chinese nationals caught following a raid earlier this month on a Philippine Offshore Gaming Operator (POGO) hub in Pasay City may also be facing more criminal charges, including money laundering, after authorities led by the Department of Justice recovered evidence upon opening of the 32 vaults from the raided five-floor POGO building earlier this month.

The DOJ said it found that the actions of the Chinese nationals and their POGO firm Rivendell fall within the purview of recharging and tasking scams.

According to the DOJ, tasking scams target those seeking online job opportunities by offering payment for task completion, while recharging scams involve unauthorized mobile or online payments for services that are never delivered.

The department noted that Rivendell used its website and online platforms to operate its schemes.

“The respondents portrayed themselves as investors or ‘guide/helpers’ to entice clients into making investments in stocks and cryptocurrency, promising lucrative returns. Additionally, they introduced investment opportunities in their gaming application, where deposited funds were claimed to yield specific returns based on the investment

This article is from: