GCash: “That’s why we strongly urge our customers to never sell their GCash accounts to avoid identity theft” GCASH — The Ayala-led fintech company said that users who sell their SIM with verified account to scammers may face jail time. To recall, it was last month when GCash warned the public against scammers who are … Read more
GCash: “The scammers can do anything they want with the accounts and not be liable for the consequences” GCASH — The Ayala-led fintech company recently warned the public against scammers who are using a new breed of money mules. In a statement issued last September 28, the fintech company said warned that scammers are using … Read more
Security Bank reminded their clients not to accept easy-money offers in exchange for their bank account information. Security Bank reminded their clients that they shouldn’t accept easy-money offers in exchange for their bank account information. Security Bank has joined other big banks in the campaign against “money mules” in the Philippines as the bank reminded … Read more
BPI warned its clients against “money mule” scams. BPI — On Wednesday, the Bank of the Philippine Islands said that clients should be careful as the number of “money mule” scams increased. BPI chief digital officer Noel Santiago said that “money mule” was a form of money laundering scheme that facilitated the transfer of illegally … Read more