Scams

2 days ago

SEC warns public: Deepfake scam uses tycoon Lance Gokongwei to push fake crypto deals

The SEC has warned the public about scammers using deepfake videos and audio of JG Summit CEO Lance Gokongwei to promote fake crypto and forex investments.

22 May 2025

2:59PM

SEC shuts down DNKC for illegal investment scheme, imposes P2-M fine

The Securities and Exchange Commission (SEC) has revoked the corporate registration of DNKC Corp. for illegally soliciting investments from the public without the required license.

14 Jan 2025

5:06PM

Court upholds SEC order vs. NWorld for illegal investment scheme

Court Upholds SEC Order Against NWorld for Illegal Investment Scheme The Court of Appeals (CA) has affirmed the Securities and Exchange Commission’s (SEC) cease and desist order against AlphanetWorld Corp. (NWorld) for soliciting public investments without proper licenses.

9 Dec 2024

12:42PM

SMS hijacking scams on the rise; BDO shares tips to keep banking details safe

The banking public is urged to exercise caution against the growing threat of SMS hijacking, a scam where fraudsters impersonate legitimate SMS senders to deceive recipients into divulging sensitive information.

30 Oct 2024

2:16PM

Complex reporting process deters 67% of Filipinos from reporting online fraud, study shows

According to the Global Anti-Scam Alliance, 67 percent of Filipinos are reluctant to report scams that are either perpetrated against or attempted on them due to the complexity of the reporting process, uncertainty about where to report, and doubts that reporting would make a difference.

3 Oct 2024

9:35AM

Smart and Maya warn public of rising text hijacking scams

Smart Communications and Maya are warning the public about increasing ‘text hijacking’ scams that mimic trusted companies to steal personal information.

19 Jul 2024

1:41PM

Globe foils millions of scam texts, many still slip through

Globe reported a significant drop in bank-related spam and scam text messages amid strong anti-fraud measures

15 Jul 2024

2:31PM

Globe Telecom strengthens security as scammers change tactics

Globe Telecom’s efforts in the second quarter resulted in a significant drop in blocked spam text messages and deactivated SIMs, but scammers are shifting to other channels,

2 Jul 2024

2:40PM

Industry group warns of new scam messages bypassing telco networks

The Philippine Chamber of Telecommunications Operators (PCTO) has raised concerns over a new wave of scam messages targeting mobile users through non-telco networks.