• last year
State of the Nation is a nightly newscast anchored by Atom Araullo and Maki Pulido. It airs Mondays to Fridays at 10:30 PM (PHL Time) on GTV. For more videos from State of the Nation, visit http://www.gmanews.tv/stateofthenation.

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Transcript
00:00 The victims of the Umanoy Crypto Scam are actors Mikey Quintos and Paul Salas, along with seven others.
00:09 They were fined more than 8 million pesos.
00:13 Jonathan Andal has a spot report.
00:15 Mikey Quintos, Paul Salas and seven others filed a complaint against the Fiscalia in Makati.
00:24 They were fined 8 million pesos for the Umanoy Crypto Scam by the Cronos Holdings Corporation for five years.
00:32 They were promised to be paid 5% compounding interest every month.
00:38 Quintos got this amount in one year of his investment.
00:41 But this May, they were given a special deal where they will be paid double the amount within two weeks.
00:49 Two weeks passed, three weeks, we were given a month, and we were not given anything back.
00:55 So I think that's their modus.
00:57 They will take care of you first.
00:59 You give a sufficient amount or a big amount, they got more or less 8 million pesos from us.
01:05 They ran away.
01:06 According to the victim's lawyer, one of the Umanoy members is graduating from college.
01:10 This is syndicated staff. This is life imprisonment. This is no bail.
01:14 It's a waste. They are pitiful. They are still young.
01:17 Approach us. We're willing to sit down and discuss this.
01:22 Otherwise, we will push through with this case.
01:24 The company is registered with the Securities and Exchange Commission.
01:28 But based on their Certificate of Incorporation that we got from Mikey's camp,
01:33 the Cronos Holdings Corporation cannot accept investment without a secondary license from the commission.
01:40 We went to the address of the company in Taguig, but the barangay said that there is no such address there.
01:45 They also have an office in Makati, but the guard said that it's been a long time since one of the complainants went there.
01:51 They also said that two of the complainants are not living in a house in Paranaque.
01:56 They also did not respond to texts and calls. We are still trying to get hold of all the complainants.
02:01 The SEC also reminded the residents not to join foreign currency trading, especially if their status is not fully understood.
02:09 Receipts were also asked for transactions and before signing any document,
02:14 there is a chance that you can return the money that you have deposited according to your liking.
02:20 Jonathan Andal reporting for GMA Integrated News.
02:24 [Music]

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