The National Capital Region Police Office of the Philippines (NCRPO) raided a suspected cryptocurrency scam center in the city of Paranaque and arrested 99 suspects. During the operation, the police arrested three point persons, including the manager, owner and supervisor of the AIA company. It is reported that the company is suspected of cryptocurrency and online emotional fraud, employing 64 foreign citizens and 32 Filipinos as customer service representatives. Jose Melencio Nartatez, head of the NCRPO, said the company forced employees to play the role of wealthy models and induced victims to invest in the manipulated cryptocurrency trading platform. The investigation revealed that the company was not registered with the Philippine Securities and Exchange Commission and was suspected of violating the Cybercrime Prevention Act of 2012 and the Philippine Securities Regulations Act.