Chinese national nabbed in Parañaque over alleged crypto scam — BI

The Bureau of Immigration (BI) on Wednesday reported the arrest of a Chinese national allegedly running a cryptocurrency scam from his condominium unit in Parañaque City.

Immigration operatives, in coordination with the Criminal Investigation and Detection Group (CIDG) and the Department of Justice, arrested 41-year-old Liu Feng inside a condominium along Diosdado Macapagal Boulevard in Barangay Tambo on 3 November.

According to the BI, Liu was caught operating a workstation suspected to be used for an online fraud scheme. Reports indicated that another Chinese national, originally the subject of the investigation, had been conducting the operation along with other cohorts.

Authorities also discovered that Liu had been working in the Philippines without a permit and had overstayed since October 2024. He is currently detained at CIDG custody after investigators recovered suspected drug paraphernalia in his unit.

Deportation proceedings will be initiated against Liu, BI said.