Court documents show that the PNP originally obtained a warrant to target "Mr. Tan L."—known as "Silver Dragon"—allegedly the finance chief of a large narcotics syndicate. However, on the day of the operation, the official target was downgraded to mid-level money changers.
Accused of amassing approximately ₱1.65 million illegally through the BCB. Fabian Ver binondo scandal target
The most tragic element is the accidental targeting of innocent citizens. In March 2025, a 58-year-old hardware store owner named George Dy was misidentified by a blog as the "Binondo Scandal Target." The blog confused him with a fugitive of the same surname. Dy’s store was later egged by vigilantes, and his bank froze his account for 14 days. Court documents show that the PNP originally obtained
"We denounce the weaponization of the term 'scandal' to target specific members of the Binondo community. Due process must be observed. Trade, not trial, should define our district." Accused of amassing approximately ₱1