Senators learn that the crypto scam operation, which allegedly employed trafficked persons, operated legally in the Clark Freeport Zone using a Pagcor-issued POGO license.
MANILA, Philippines – An executive of the Clark Development Corporation admitted that the crypto scam that was operating within the Clark Freeport Zone, and the subsequent rescue of over 1,000 human trafficking victims, was a “failure of intelligence.”vice president for CDC’s Business Development and Business Enhancement Group, told the Senate panel on women, children, family relations and gender equality on Tuesday, May 30.
According to Meneses, the “scam hub” had been operating inside the CDC since September 2021 under a Philippine offshore gaming operator’s license.On Monday, May 29, committee chair Senator Risa Hontiveros inspected the Sun Valley Hub, a cluster of commercial and residential buildings within the Clark Freeport Zone where the May 4 rescue happened, to find out how the operations worked and how it remained undetected by authorities for so long.
Senators on Tuesday grilled the CDC on how the scam was allowed to happen in a government-controlled property for over a year. “Under our present laws and regulations, all first-time foreign nationals entering the country are entering the country under a tourist visa category. And when they are already in the country, they are already allowed to convert to other immigration status, like working visa, student visa etc.,” Tansingco said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2 Clark-based firms deny involvement in ‘love scam,’ human traffickingTwo companies based in the Clark Special Economic Zone vehemently denied involvement in the so-called “love scam” and alleged trafficking of foreign nationals in the country. | MAgerINQ
Read more »
Senators want strict implementation of perjury laws vs lying witnessesSenators are calling for a strict implementation of the country's laws on perjury following the recantation of witnesses in the Senate's investigation into the Degamo slay case and the P6.7-billion drug bust in Manila.
Read more »
Senators clash over move to end interpellations on Maharlika billSenate Minority Leader Aquilino Pimentel III moved to suspend his interpellation on the controversial MIF bill, but Sen. Mark Villar said it was his right as bill sponsor to object to the motion and instead terminate the period of interpellations.
Read more »
Senators back refund call for stalled NGCP projectsSenators Risa Hontiveros and JV Ejercito backed Sen. Sherwin Gatchalian’s proposal to seek a refund of the amount that the NGCP had collected from consumers for unfinished transmission projects. | MRamosINQ /PDI
Read more »
Ukraine aide proposes post-war demilitarized zone in RussiaKYIV — A Ukrainian presidential aide said on Monday a demilitarized zone of 100-120 km (62-75 miles) should be established inside Russia along the border with Ukraine as part of a post-war
Read more »
Senate may hold special sessions to accommodate queries on MIF bill, says VillanuevaThe Senate may hold special sessions to accommodate senators’ questions and concerns regarding the proposed Maharlika Investment Fund (MIF) bill this week, Senate Majority Leader Joel Villanueva said on Sunday, May 28. ManilaBulletin
Read more »