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Suspect nabbed for selling SIM cards with verified GCash accounts: Globe

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<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Seized from the suspect were over 500 pieces of Globe and TM SIM cards with verified GCash accounts. Photo from PNP-ACG. Handout" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/tvpatrol/09/16/gcash-accounts.jpg"/><figcaption>Seized from the suspect were over 500 pieces of Globe and TM SIM cards with verified GCash accounts. <em>Photo from PNP-ACG. Handout</em></figcaption></figure></div><p>MANILA - A man from Caloocan City was caught selling Globe and TM SIM Cards with verified GCash accounts in an entrapment operation last Sept. 14, Globe Telecom said Friday.</p><p>In a statement, Globe said the man was busted for selling 556 pieces of SIM cards with verified GCash accounts. </p><p>The suspect buys SIM cards online at P350 and sells them for P600 per piece, the telco said. These accounts are being used by fraudsters who want to breach e-wallet limits for online gaming, among others, Globe said.</p><p>The arrest was made through the collaboration of Globe with the Philippine National Police, the National Bureau of Investigation and the National Telecommunications Commission, it added. </p><p>“People who sell GCash-registered SIM cards enable criminality by being accessories to fraud. We will not relent in this campaign,” said GCash Chief Legal Officer Maricor Adriano. </p><p>The suspect is facing charges for the violation of Sec. 4 of the Republic Act 10175 or the Cybercrime Prevention Act which states that the misuse of devices is a cybercrime offense. <br/> <br/>Meanwhile, GCash Chief Risk Officer Ingrid Berona assured the public that their funds and data remain &quot;safe and secure.&quot; </p><p>Stakeholders, regulators and law enforcement officers are working together to curb the spread of SMS-linked spam, which has become more personalized.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/09/05/22/senate-to-investigate-personalized-text-scams">Senate to investigate &#x27;personalized&#x27; text scams</a></li>	<li><a href="https://news.abs-cbn.com/business/09/09/22/intl-syndicate-likely-behind-personalized-text-scam-dict">International syndicate may be behind personalized text scam, says DICT chief</a></li>	<li><a href="https://news.abs-cbn.com/business/09/05/22/privacy-body-to-meet-pnp-nbi-over-personalized-text-scams">Privacy watchdog to meet with PNP, NBI as it probes &#x27;personalized&#x27; text scams</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe __idm_id__="5414913" allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2222849" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

A man from Caloocan City was caught selling Globe and TM SIM Cards with verified GCash accounts in an entrapment operation last Sept. 14, Globe Telecom said Friday.