outbrain
Close  

General’s son nabbed over Bitcoin scam

By: - Reporter / @dexcabalzaINQ
/ 05:08 AM May 22, 2020

Wanted for years, a retired general’s son who had allegedly scammed a lot of people of money through the cryptocurrency Bitcoin, was finally caught by authorities in Parañaque City.

Malvin Tianchon was arrested on Tuesday by Pasay, Parañaque and Southern Police District lawmen based on a warrant issued by a Pasay judge for large-scale estafa.

ADVERTISEMENT

Tianchon is the son of Brig. Gen. Lauro Tianchon, deputy commander of the Western Command in Palawan province.

According to National Capital Region Police Office chief Police Maj. Gen. Debold Sinas, Tianchon was under surveillance for a month before he was arrested.

FEATURED STORIES

The complainant said he was duped into paying P100 million for 1,000 Bitcoins, which have a value of P400 million.

Sinas said Tianchon had swindled many operators ever since he started in 2009 as a Bitcoin miner. —Dexter Cabalza

Read Next
EDITORS' PICK
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: arrest, Bitcoin, cryptocurrency, Scam, Tianchon
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2020 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.