The Bangko Sentral ng Pilipinas (BSP) has issued a stern warning to the public after Governor Eli Remolona Jr. became a target of manipulated content created using artificial intelligence on social media.
According to the BSP, advanced AI technology can produce highly realistic fake videos and audio clips, which malicious actors exploit to disseminate false information about organizations, public figures, and institutions like the BSP.
“The BSP clarifies that Governor Eli M. Remolona, Jr. does not endorse the alleged cryptocurrency project ‘Tesler Code’ or any other cryptocurrency investment. Misrepresenting the BSP or any of its officers or units is punishable under the law,” the central bank said.
To protect against such scams and similar fraudulent schemes, the BSP urged the public to exercise caution and avoid sharing personal information with unverified or suspicious entities.
Individuals were urged to verify the legitimacy of communications purporting to be from BSP officials and to immediately report any suspicious activities to the BSP using the provided contact details:
Address: A. Mabini St. cor. P. Ocampo St., Malate, Manila, Philippines
Contact Numbers: (+632) 8811-1277 or 8811-1BSP
Email: bspmail@bsp.gov.ph
BSP Facebook Messenger: www.m.me/BangkoSentralngPilipinas
