Reported by Gilad Atzmon

Yesterday, the Philippine police arrested 8 Israeli citizens for online fraud. The Israeli suspects are said to have managed an online investment fraud apparatus of 500 that scammed clients around the globe.

The JPost reports that “the suspects are said to have lured their victims into investing in foreign stocks in a London-based company [presumably fictional], and then taking their money through an app after obtaining their bank account and credit card details.”

The Israelis were arrested while in the act of “managing, operating and manning” the swindling adventure. The Filipinos were charged with communicating and doing the online transactions with foreign clients from Europe, New Zealand, Australia, South Africa and Russia, etc.(Perhaps not with the United States that now holds similar Israeli fraudsters under Federal indictment.)

None of that should take us by surprise. Israel and Israelis role have been a driving force in phone and internet fraud as has been well documented by criminal experts (including the FBI) in general and the Jewish press in particular.