PNP again warns public over cryptocurrency scams
The Philippine National Police on Sunday reminded the public to be vigilant against the growing threat of cryptocurrency and other online investment scams.
This, after the PNP Anti-Cybercrime Group (PNP-ACG) reported a total of 311 investment scam cases from Jan. 1 to Dec. 31, 2025, 12 of which involved cryptocurrency schemes.
These scams usually begin by offering “high returns” to lure victims into investing and even encouraging them to recruit others.
At first, withdrawals may be allowed to gain trust, but eventually, access to earnings and accounts is suddenly blocked, causing invested money to be lost permanently, PNP chief Gen. Jose Melencio Nartatez Jr. said in a statement.
He also urged the public to always verify the legitimacy of any online investment or cryptocurrency platform before committing funds.
Nartatez also said citizens should be cautious of promises of guaranteed high returns, avoid sharing personal banking or account information online and report any suspicious activities immediately to the nearest police station or the PNP-ACG.
