BSP warns of scams using fake documents, logos, and signature

The Bangko Sentral ng Pilipinas on Tuesday warned the public anew against fraudulent schemes offering financial products and services using falsified documents that bear the central bank’s name, logo, and the purported signature of an official.

In an advisory, the BSP said scammers have been circulating forged “assurance letters,” one-time password renewal requests, beneficiary bank confirmations, loan contracts, and certifications covering loans, deposits, withdrawals, fund transfers, credit cards, money changing, and investments or insurance.

The perpetrators then often attempt to obtain personal information such as bank account details, passwords, and other confidential data from the victim, or ask for advance payments with an “unusual sense of urgency.”

Photos from BSP

“The BSP reiterates that it does not authorize or endorse individuals or firms to collect ‘fees’ or payments purportedly for anti-money laundering clearance, taxes, insurance, and other fabricated charges,” it said.

“Legitimate financial regulators, law enforcement agencies, and financial institutions do not ask for this type of sensitive information through unsolicited calls, e-mails, or text messages,” it added.

The BSP has since called on the public not to provide personal or financial information, and report incidents immediately via its email address bspmail@bsp.gov.ph or through its hotline (+632) 8811-1277 or 8811-1BSP. —AOL, GMA Integrated News