POGOs front for crypto scam hubs – senator

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POGOs front for crypto scam hubs – senator
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SEN. Ana Theresia 'Risa' Hontiveros claimed that the Philippine offshore gaming operators (POGOs) were being used as 'legal cover' for the operation of cryptocurrency scam hubs in the country.

The senator, at the resumption of the hearing on the illegal activities involving foreigners, presented videos and reports of recent raids made by law enforcement agencies on several commercial and residential properties in Clark, Pampanga, resulting in the rescue of 1,300 victims and the confiscation of over P180 million in cash.The raid last May 4 resulted in the arrest of at least 12 individuals who were allegedly supervising the operations.

'SVCHC, as a real estate company, is not in any way connected or involved in operating online gaming or call center services,' it said.Hontiveros said POGOs should be kicked out of the country.'The first concrete step we need to take is to ban POGOs in the country. Kick POGOs out of the country now,' the chairman of the Senate Committee on Women, Children, Family Relations and Gender Equality said.

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