At least 15 Chinese nationals and one Filipino were arrested after authorities in the Philippines busted an alleged unlicensed online gambling operation.
Members of the Philippine National Police Anti-Cybercrime Group raided the office of YD International Inc., located on the 18th floor of the Belvedere Tower in Pasig City on Monday night, police said in a statement obtained by CalvinAyre.com.
Police said the condominium unit was being used by YD International for its illegal online gambling operations since the company does not have a permit from state regulator Philippine Amusement and Gaming Corporation (PAGCOR) or from accredited economic zones in the country.
Police Supt. Jay Guillermo, spokesman for the Anti-Cybercrime Group, told GMA News the company had been projecting “that their website is legal,” but they direct the visitors of their website to another website.