A company named BMJ Data Processing Services in Kasambagan district, Cebu City, Philippines, ostensibly a legitimate business process outsourcing (BPO) firm, was actually a front for an international scam operation. On August 2, police announced that 24 individuals involved with the group had been formally charged, revealing the company to be a scam hub disguised as a BPO.
The case came to light due to an American hacker who "accidentally" breached the company's systems. This hacker managed to crack their computers and surveillance systems, exposing the fraudulent activities behind the so-called "financial advisors." Following this, the police initiated an investigation and raided the premises on May 27, seizing 43 computers and a wealth of evidence.
The progress of the suspects' prosecution is as follows: • On July 1, the first suspect "Tonying" was charged; • On July 11 and 18, three more were added to the charge sheet; • On July 25, six were arrested, one of whom was recognized for singing "Smack That"; • On August 1, another 11 were charged, bringing the total to 24.
The accused, including Frank, Judelyn, Benson, Bryll Anthony, Lilidel, Esperanza, Benedict, Joseph James, Rex Chilton, Shaira, and Rowel, will face charges under the Consumer Financial Protection Act and the Cybercrime Prevention Act, with maximum sentences of up to 21 years and fines up to 5 million pesos.
The police investigation revealed that the company deceived users under the guise of "Quantum AI Investments," requiring a minimum deposit of $250, promising high returns that were never fulfilled. Employees posed as investment experts, specifically targeting elderly foreigners in their scams, which spanned multiple countries.
This operation was conducted with the assistance of the FBI's office in the Philippines, and the police obtained extensive system data and video evidence. Philippine National Police spokesperson Colonel Redrico Maranan stated, "Each accused person charged is a significant blow to this criminal group. We will not tolerate such malfeasance."
The police also urged the public to be cautious of "unfamiliar high-return investment schemes" and encouraged informants to report other involved members. The authorities promised to continue their crackdown on cross-border cyber fraud and financial crimes, showing no leniency.
