THE PHILIPPINE National Police Anti-Cybercrime Group (PNP-ACG) has dismantled a multi-million online stocks trading scam operating inside the Clark Freeport Zone, Pampanga. The PNP presented on Thursday eight Israeli nationals who were caught “in the act of managing” and 474 Filipino employees who worked as call center agents for International Branding Development Marketing, Inc. (IBD). The raid also yielded digital evidences from the company’s computers. The scam, which targeted international clients from Europe, New Zealand, Australia, South Africa, and Russia, enticed its victims by trading in stocks for AU$250 and eventually taking hold of their bank accounts to transfer money online, according to PNP-ACG Director PCSupt. Marni C. Marcos Jr. The police is currently investigating how the company was able to operate inside the freeport zone with apparent lack of permits for more than two years. —Minde Nyl R. dela Cruz

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