How a YouTuber hacked an $800K crypto scam hub in Cebu, Philippines
A YouTuber exposed an $800,000 crypto scam in Cebu by hacking CCTV, confronting scammers live and revealing their global fraud operation.
In Cebu, Philippines, a scam call center ran a sophisticated $800,000 crypto fraud from the second floor of the Skyrise building in Cebu IT Park, using fake investment products like Quantum AI and Bitcoin Code.
Leveraging the Philippines’ low labor costs and strong English skills, the fraudulent investment group operated to scam unsuspecting victims in South Africa, Nigeria and the Gulf countries, promising high returns to lure deposits. Earlier, it used to target people in Canada, the UK and European countries. The scamsters have been operating under different names, such as BMJ Data Processing Services, Virtual Wealth Exchange, Solless Markets, BTC Boutique and more.
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