DOF asks NBI to catch fake crypto traders

    Department of Finance (DOF) Secretary Carlos Domínguez III asked the National Bureau of Investigation (NBI) to go after people behind fake cryptocurrency trading schemes that use the names of government officials and celebrities.

    In a letter sent to Department of Justice (DOJ) Secretary Menardo Guevarra, Dominguez said that several Facebook posts illegally use his name “to promote a fake cryptocurrency auto-trading platform called ‘bitcoin revolution’.”

    “Similar investment ploys using the names of some Finance and Treasury officials in other countries as well as Filipino celebrities is likewise used in an attempt to dupe the public into falling for the scam,” the DOF chief said.

    Dominguez added that they flagged these posts to Facebook “to prevent the spread of these hoaxes,” but the “perpetrator of such acts may still continue to find other avenues to pursue their malicious activities.”

    “Thus, we request the assistance of the Department of Justice (DOJ) Cybercrime Office to track, identify, and prosecute those responsible for these posts,” he said. The DOJ has yet to answer DOF’s request.


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