PBBM Warns Public Against “Too Good To Be True” Scams Online

PBBM Warns Against Online Scams That Are “Too Good To Be True”

President Ferdinand “Bongbong” Marcos Jr (PBBM) warned the public against online scams that are allegedly “too good to be true”.

In an interview on Thursday, the President warned the public against online fraud after being asked how the government will protect the public from online lenders and investment scammers through the Securities and Exchange Commission (SEC).

PBBM Online Scams

“So, we just have to be very, very watchful and we have to be very, very careful and also be aware of the new technologies, of the new ways in which we can prevent these kinds of things. But it really comes down to the public,” Marcos said.

“My advice to the public is that when you get a message and there is a deal being presented and it sounds too good to be true, it is,” he added.

When it comes to transactions, there is no such thing as 100% risk-free, according to the President. There is no way to guarantee these tremendous returns on what they promise, on the money that customers put in and provide them, according to Marcos, based on the report of GMA News.

“If the public is aware and knows and is able to spot because of the way that these scams are presented, then that is the best defense that we have,” he added.

Meanwhile, Marcos stated that SIM Card registration has been a significant step toward eliminating these internet scams. Marcos stated that the government would continue to bolster its defenses against online scams.

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1 thought on “PBBM Warns Public Against “Too Good To Be True” Scams Online”

  1. Sana matuldukan na yang mga online lending apps or ola, sakit sa ulo ng mga mamayan, alam na nilang mahirap na lalo pa nilang pahihirapan, at ibond na ni fb at google ang mga adds ng ola ng sa ganun wala ng matukso. dahil ang ganda ng offer ikaw na mahirap, igagrab mo, dahil madali lang with in a minute anjan na yong pera, pero ang katumbas ay madaliang pagbabayad at napakataas na porsyento, mahal na presedent bbm nanawagan po kami, sana mabuwag na yang ola.

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