SEC flags fake lending apps tied to data risks
The Securities and Exchange Commission (SEC) has warned the public against a rising number of fraudulent online lending platforms impersonating legitimate…
Tip: add a year in your query (e.g. Eala 2022) or use the year filter.
110,720 results for “SEC warning online lending scams Philippines”
The Securities and Exchange Commission (SEC) has warned the public against a rising number of fraudulent online lending platforms impersonating legitimate…
The SEC has suspended Golden Alliance Credit Corp.’s authority to operate as a lending company for 60 days over unpaid annual fees, ordering it to cease all…
For far too long, Filipino borrowers have entered loan agreements without a genuine understanding of what those agreements cost them. The Commission is…
The SEC has revoked Delisha Lending Investor and Trading Corp.’s corporate registration and lending license over multiple regulatory violations, including…
The SEC has warned the public about a fake “Shopwise” online work platform running a job offer scam that lures Filipinos with part-time income, forces them to…
Copperstone Lending is strengthening its role in the fintech sector through AI-driven credit systems, anti-fraud measures, and partnerships with the Cybercrime…
The SEC revokes Gul-Zara Lending Investor Corp.’s license, halting its operations to protect borrowers from non-compliant and non-transparent lending practices.
The SEC orders Umeta Credit Lending Corp. to immediately halt operations of its lending apps, including FinLedger, Cash Twig, Meta Cash, and MorePautang, amid…
The orders also apply to the companies’ owners, operators, promoters, representatives, agents, and all other persons acting on their behalf.
It was Fuse Financing (formerly Fuse Lending, Inc.) that flagged the suspicious website allegedly using its previous corporate identity.
The Securities and Exchange Commission (SEC) orders Fuse Lending, Inc. to immediately cease operations for using the former corporate name of GCash’s financing…
PAOCC warns that online lending apps pose greater harm than POGOs, urging a total ban due to harassment, financial abuse, and rising suicide cases linked to…
The Commission also issued separate orders on 19 May for the revocation of the corporate registration of nine more companies for continuing noncompliance with…
The SEC has ordered Hupan Lending Technology Inc. to cease operations of Magic Peso and other online lending platforms, citing violations of existing…
