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April 12, 2024

Beware of scammers! BSP exposes fake endorsements

The Bangko Sentral ng Pilipinas (BSP) is taking a stand against imposters!

BSP is urging Filipinos to be wary of entities misusing their logo and name to appear credible.

An advisory issued by the BSP exposes companies like SK Pools Mining Corporation, whose “currency computing mining machines” fall outside the BSP’s regulatory scope.

The BSP reminds everyone to double-check the legitimacy of financial institutions using their official directory: https://www.bsp.gov.ph/SitePages/financialstability/Directories.aspx.

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