2 nabbed  for crypto currency scam 

MANILA, Philippines — Two people allegedly involved in a multimillion peso investment scam using crypto currency were arrested in Pasay City, the Criminal Investigation and Detection Group (CIDG) said yesterday.

Anthony Bersaluna, 40, and Mary Sweet Elipano, 39, were caught in an entrapment operation in a restaurant along Seaside Boulevard at around 1 p.m.

Col. Randy Glenn Silvio, CIDG National Capital Region field unit chief, said the suspects reportedly belong to a criminal group involved in estafa and other fraud activities in southern Metro Manila.

Police conducted the entrapment in response to the complaint from a businessman that Bersaluna was asking for more money for a crypto investment trading deal even if he has not yet remitted earnings from the money he previously borrowed.

Bersaluna has promised his clients a profit of 20 percent on their investment.

“In the first months, he would remit the 20 percent he promised,” Lt. Glenn Umali, CIDG-NCR South investigation unit chief, said in Filipino during a GMA News interview.

Umali said at least 30 complainants have come forward against Bersaluna, who is being held on charges of estafa along with Elipano.