scam

Department of Finance (DOF) secretary Carlos Dominguez III has directed the country’s main revenue-generating agencies — the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) — to fortify their respective systems against hacking and other cyber threats as he expressed concern over the increasing number of scams perpetrated online against financial consumers.

The operator said SIM swap scam is the latest scheme being carried out by scammers wherein the perpetrators take over an individual’s financial accounts such as bank accounts, e-wallets, and credit cards.

In separate advisories issued on Feb. 9, the SEC advised the public to exercise caution when dealing with Solmax Global Limited and Igniter 100, as well as BitAccelerate.

The Securities and Exchange Commission (SEC) has ordered Forsage Philippines to stop soliciting investments from the public through a crowd-funding platform based on the Ethereum blockchain technology.

The SEC said the act of Crowd1 of publishing and making presentations on its investment/business scheme through its website, Facebook, YouTube and on-ground events, and inviting investors constituted a public offering not allowed under its license.

Globe also reminded its customers that official advisories come only from a 4-digit or alphanumeric sender code.

The Securities and Exchange Commission (SEC) has issued another warning against Bitcoin Revolution, which presents itself as a cryptocurrency trading program purportedly endorsed by government officials, businessmen, and celebrities.

The Securities and Exchange Commission (SEC) has ordered CROWD1 Asia Pacific to immediately stop soliciting and accepting investments from the public under a scheme disguised as a digital marketing business.

In separate advisories dated April 7, the SEC warned the public against investing in Cryptec, CryptoPeso, V2R Trades, Lao Razon Trading and/or Lao Razon Marketing, and Sakto Online Advertising.

According to Sophos, an email carrying the World Health Organization (WHO) logo has been circulating around, asking people to go through an attached document on safety measures regarding the spreading of coronavirus.