Australian Federal Police have arrested more than 250 suspected cybercriminals in Manila.

Richard Chin from the AFP explains to 6PR Breakfast hosts Karl and Mark how Operation Firestorm has identified that many Australians have fallen victim to this organised crime syndicate.

“They establish a relationship and then they ask you to invest in a platform, and that platform is something fictitious,” he said.

Click PLAY to hear more about the scam.