The suspects were apprehended during aseries of raids in the central city of Iloilo on July 9 byanti-cyber crime and immigration units.
Theyallegedly posed as police officers, prosecutors, judges and anti-moneylaundering officials and cheated people from Taiwan and mainlandChina.
The arrested were said to tell theirvictims that their bank accounts were being used for money launderingand their assets would be safe if the money was transferred to thesuspects’ accounts.
The police said scams involvingTaiwanese and mainland Chinese people has become common in thePhilippines in recent years.-VNA