Scams Archives - MoneySense Philippines

BSP eyes tighter laws against currency counterfeiting and coin hoarding

January 27, 2022January 27, 2022 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, BSP governor, coin hoarding, counterfeiting, currencies, currency

The Bangko Sentral ng Pilipinas (BSP) is preparing legislative proposals that aim to raise the penalty of imprisonment for crimes

Cards Government News Scams Tech

CCAP: Tighten measures to stem SIM swap fraud

January 10, 2022January 10, 2022 MoneySense 0 Comments

The Credit Card Association of the Philippines (CCAP) has urged major telecommunication players, lawmakers, and regulators to institute measures to

Education Government News Scams

BSP: Remain vigilant when receiving banknotes

December 22, 2021December 22, 2021 MoneySense 0 Comments 1000-piso new generation currency, Bangko Sentral ng Pilipinas, banknotes, bsp, BSP payments and currency investigation, counterfeit, NGC banknotes, social media

The Bangko Sentral ng Pilipinas (BSP) advises the public to remain vigilant when receiving Philippine banknotes by carefully checking the

Auto Corporate Social Responsibility Government Loans News Press Release Scams

BSP Warns Against Auto Loans “Modus”

September 29, 2021September 29, 2021 MoneySense 0 Comments amortizations, anti money laundering, assume balance, auto loans, Bangko Sentral ng Pilipinas, bsp, carnapping, money laundering, pasalo benta scheme, pasalo scheme, Philippine National Police, Philippines, PNP

The Bangko Sentral ng Pilipinas (BSP) cautions the public against an increasingly prevalent modus employed by carnapping syndicates, following its

SEC UPHOLDS REVOCATION OF KINGABC LENDING’S LICENSE

Government Investments News Press Release Scams

SEC orders Royal O’ to stop luring investors

August 23, 2021August 23, 2021 MoneySense 0 Comments Christopher Dimaguila, Christopher Tundag, Gretchen Aguas, Honeylyn Grace Israel, one person corporation, OPC, Orogmagnet International Egames, Plasmatech Medical Supplies Trading, Princess Joana Jo Alfajid Foundation, Princess Joana Jo Alfalid Campos, Royal O' Consultancy Services, Royal O' International Import and Export, Scelnna M Jimenez, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has ordered Royal O’ Consultancy Services OPC, Royal O’ International Import and Export OPC,

Equicom Savings Bank Selects FSS Secure3D For Online Fraud Detection

Banking Cards News Opinion Press Release Scams

BDO shares 6 steps its clients can take to avoid debit and credit card scams

July 1, 2021July 1, 2021 MoneySense 0 Comments Banco de Oro, BDO, BDO Alert, BDO Unibank, credit card, debit card, one time pin, OTP, Philippine bank, Philippines, phishing, scams

Scams are becoming increasingly “authentic” and “sophisticated”. But there are ways to spot and outsmart them. BDO Unibank enumerates six

Government Investments Press Release Scams

SEC cancels Eco Hatchery’s corporate registration over unauthorized investment scheme

April 27, 2021April 27, 2021 MoneySense 0 Comments Abner Pacheco, Eco Hatchery, Eco Hatchery and Trading Corporation, Lorenzo Mendez, Marie Baquiran, Philippines, Securities and Exchange Commission, Stephen Cervantes, Symphony Mondragon

The Securities and Exchange Commission (SEC) has revoked the corporate registration of Eco Hatchery and Trading Corporation for soliciting investments

Government News Scams

SEC revokes Bill Ford VIP Trading’s incorporation for illegal investment scheme

April 22, 2021April 22, 2021 MoneySense 0 Comments Bill Ford VIP Trading, Bill Ford VIP Trading Inc., BillFord Trading, Billy Ford Delos Santos Andrada, Philippines, pigs, Ponzi scheme, SEC, SEC Enforcement and Investor Protection Department, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. for engaging in

Government Investments News Press Release Scams

SEC cancels Chiyuto’s OPC registration over illegal investment scheme

February 16, 2021 MoneySense 0 Comments capital, Chiyuto, Chiyuto Creative Wealth Documentation Facilitation Services, Filipinos, Investing, investment, Patrocenio Calvez Chiyuto Jr, Philippines, Ponzi scheme, SEC, securities, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of Chiyuto Creative Wealth Documentation Facilitation Services for

Government Investments News Press Release Scams

SEC warns against crypto, crowdfunding, and franchising scams

February 16, 2021February 16, 2021 MoneySense 0 Comments Aarron Bates, Abdul Rehman Sandhu, Asim Mirza, BitAccelerate, Bitaccelerateproject.com, BitAccelerator, Equity Token, Florian Krueger, i100, Igniter 100, Jams Mart, Nino Luis A. Jamili, Nino Luis Jamili, Philippines, SEC, securities, Securities and Exchange Commission, Securities Regulation Code, Serge Meulenbelt, Solmax Global Limited, Steven Lubka, Thelma Dhlovu

The Securities and Exchange Commission (SEC) has warned the public against individuals and groups engaged in unauthorized investment-taking activities disguised

Government Investments News Press Release Scams Wealth

SEC stops Chiyuto’s illegal investment scheme

February 4, 2021February 12, 2021 MoneySense 0 Comments Chiyuto, Chiyuto Creative Wealth Documentation Facilitation Services, double-your-money, Judy B Pajarillo, Maricris Can Chiyuto, Patrocenio Chiyuto Jr, Philippines, roulette game, SEC

The Securities and Exchange Commission (SEC) has barred Chiyuto Creative Wealth Documentation Facilitation Services from soliciting investments from the public

5 Great Gift Ideas for a Newlywed Couple

Family Government News Press Release Scams

PSA denounces ‘padukot kasal’ or ‘deletion of marriage’ services

December 28, 2020December 28, 2020 MoneySense 0 Comments CENOMAR, Certificate of No Marriage, deletion of marriage, Filipios, Marriage, padukot kasal, Philippine Statistics Authority, Philippines, PSA

The Philippine Statistics Authority (PSA) strongly denounces the “padukot kasal” or “deletion of marriage” services proliferating on Facebook. “We duly