Needed for years, a retired common’s son who had allegedly scammed lots of people of cash via the cryptocurrency Bitcoin, was lastly caught by authorities in Parañaque Metropolis.
Malvin Tianchon was arrested on Tuesday by Pasay, Parañaque and Southern Police District lawmen primarily based on a warrant issued by a Pasay decide for large-scale estafa.
Tianchon is the son of Brig. Gen. Lauro Tianchon, deputy commander of the Western Command in Palawan province.
Based on Nationwide Capital Area Police Workplace chief Police Maj. Gen. Debold Sinas, Tianchon was below surveillance for a month earlier than he was arrested.
The complainant mentioned he was duped into paying P100 million for 1,000 Bitcoins, which have a value of P400 million.
Sinas mentioned Tianchon had swindled many operators ever since he began in 2009 as a Bitcoin miner. —Dexter Cabalza
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