Chinese syndicate preying on traders nabbed

Posted at 04/02/14 10:59 AM

MANILA – Thirty-seven Chinese nationals belonging to a syndicate victimizing unsuspecting businessmen were arrested in an operation conducted by the Philippine National Police Anti-Cybercrime Division at Merville Subdivision, Paranaque City on Tuesday.

According to Insp. Alexis Desamito, Chinese immigration authorities helped in the arrest of the suspects. The syndicate's modus operandi is to introduce themselves as Chinese government officials and “question” businessmen on their obligations or delinquent tax payments.

The syndicate calling itself “Little Dragon” even set up an “office” in Paranaque, Desamito said. Each member plays a role: a tax collector, a fiscal, a police officer, a bank official, among others.

The suspects then make a “compromise” with their victims until they are given money, by the millions, by the aggrieved parties.

The Chinese government has been tracking down the syndicate, which is known to have operations worldwide.

The suspects will be deported to China as soon as possible, Desamito said.