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Published 9 days ago • loading... • Updated 8 days ago

US Busts Philippine 'Pig-Butchering' Op

Summary by Asia Sentinel

The US Justice Department has busted a massive cryptocurrency laundering operation based in the Paranaque section of Manila that allegedly scammed victims out of at least US$225 million, including the manager of a rural bank in the United States that collapsed with the loss of US$47 million and left a local church and investment fund penniless and his f…

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How foreign scammers use US banks to fleece Americans

Global behemoths like Wells Fargo and Bank of America have been used in "pig-butchering" scams.

8 days ago·San Francisco, United States

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US Busts Philippine 'Pig-Butchering' Op

The US Justice Department has busted a massive cryptocurrency laundering operation based in the Paranaque section of Manila that allegedly scammed victims out of at least US$225 million, including the manager of a rural bank in the United States that collapsed with the loss of US$47 million and left a local church and investment fund penniless and his f…

9 days ago·Hong Kong

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Coverage Details

Total News Sources2

Leaning Left2Leaning Right0Center0Last Updated8 days agoBias Distribution

100% Left

Bias Distribution

100% of the sources lean Left

100% Left

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Asia Sentinel broke the news in Hong Kong 9 days ago on Wednesday, June 25, 2025.

Sources are mostly out of (0)

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Stories disproportionately reported by the Left or the Right

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