NBI arrests man over a P50-M gold investment scam

MANILA, Philippines — The National Bureau of Investigation (NBI) apprehended an individual for allegedly defrauding a Hong Kong-based company of around P50.6 million ($874,200) in gold investments. According to the NBI, the arrest took place at the Lime Resort Manila in Pasay City on Feb. 13 after a complaint was filed with its Cybercrime Division