Fake LandBank Cash Assistance Scam Targets Students
Landbank denies the claims that the company is providing cash assistance to students during the fourth grading period.
False information has been circulating regarding cash assistance allegedly distributed by the Land Bank of the Philippines (LANDBANK) to students during the fourth grading period. This contradicts a post shared on the Facebook group “DSWD NEWS AND UPDATE.”
According to the Facebook post, LANDBANK purportedly offers cash assistance ranging from P2,000 to P5,000 for elementary, junior, and senior high school, college, and TESDA students.
Interested applicants are directed to register through a link provided in the post, with the only requirement being the student’s report card.
The caption of the post reads, “LANDBANK CASH ASSISTANCE Magregister Dito Huwag ng Magpahuli Magpalista Na Agad.”
However, clicking on the link in the post redirects users to a blogspot website instead of LANDBANK’s official website. The bank’s management clarified that the information being spread is not from them.
“We wish to clarify that these are not official Facebook posts of the Land Bank of the Philippines (LANDBANK). We are NOT offering any cash assistance for students. We remind everyone to be vigilant against this ongoing scam. This is fake and is in no way connected to the Bank,” LANDBANK clarified.
While LANDBANK does have a scholarship program called the “Iskolar ng LANDBANK Program (ILP),” they mentioned that the application and screening for the school year (SY) 2023-2024 have already ended.
“We will officially announce the next screening of applicants for SY 2024-2025 through the Bank’s official channels,” LANDBANK stated.
The beneficiaries of the Iskolar ng LANDBANK Program include students from LANDBANK’s mandated sectors, particularly the children or grandchildren of agrarian reform beneficiaries (ARBs) and small farmers and fishermen.
LANDBANK reminds the public to only obtain information from their official website and social media pages.
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