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Thursday, January 23, 2025

In Case You Missed It: Filipino Finance and Saving Expert Victimized By Fake Crypto News

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Finance and money-saving expert Chinkee Tan denied rumors of being jailed for involvement in a crypto scam, calling it fake news and filing a formal complaint with the National Bureau of Investigation (NBI)’s Cybercrime Division.

What’s the significance: The news warns the local crypto community to be cautious about scams and fake news, highlighting the need to verify information before trusting any crypto-related claims.

Key Details: In an October 10 article, GMA News Online warned about a fake article that looked like its website, falsely reporting the arrest of Tan, with a non-GMA URL used to mislead readers.

Photo for the Article - In Case You Missed It: Filipino Finance and Saving Expert Victimized By Fake Crypto News
  • The news was spread through social media platforms like YouTube and Facebook, linking him to a cryptocurrency-related fraud involving Bitcoin and Ethereum.
  • Tan clarified on the online show, the “Ogie Diaz Showbiz Update,” that the rumors are fake news.

  • According to the financial advisor, despite efforts to remove misleading ads, they continue to circulate, and he is working with authorities and social media platforms to address the issue and hold accountable those behind the false reports.
  • Tan then advised the public to follow only his verified social media accounts.
Photo for the Article - In Case You Missed It: Filipino Finance and Saving Expert Victimized By Fake Crypto News
Chinkee Tan’s post on his own Facebook page.

Key Quote:

“We’ve recently discovered that malicious actors are using my name as clickbait, misleading the public into believing false reports about me being arrested. This is not only a blatant lie, but it’s also a harmful tactic meant to defraud individuals. I urge everyone to be cautious and verify the legitimacy of such reports.”

Chinkee Tan

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The bottom line: The public should be vigilant against misinformation, especially in the cryptocurrency space, and follow only verified sources to avoid falling victim to scams.

Worth reading: Recently, Tan attended The Bobong Event, a meetup by Airdrop ng mga Bobo (ANMB), an active Telegram-based community for airdrop farming.

This article is published on BitPinas: Filipino Finance and Saving Expert Victimized By Fake Crypto News

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