How to Avoid Scams Philippines

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How to avoid scams Philippines. While numerous people in the Philippines use the benefits of the Internet, scammers invent new ways to deceive users. The theft of another person’s property or the acquisition of the right to someone else’s property via dishonesty or a breach of trust are considered scams in the Philippines. Online con artists want to steal money or the users’ personal information. Fraud in the Philippines is nothing new, so always be careful when you spend time online. Fraudsters have come up with millions of ways to deceive a Filipino. So it’s worth familiarizing yourself with popular scam schemes and ways to spot them.

How To Avoid Scams in the Philippines
How To Avoid Scams in the Philippines

What Is An Internet Scam?

The majority of the time, anything that promises quick cash online, financial pyramid schemes, access to casinos online, attractive women from dating sites, or discounted iPhones is a fraud. Someone wants to steal your money.

Swindlers utilize the same strategies in real life and online: they prey on people’s fears and desires. Only in the Philippines do internet fraudsters seek victims’ personal information rather than money. When the con artist obtains it, he may cash out, remove your money, and distribute it around other accounts without being discovered.

You don’t need to expressly search for special hotspots to fall for online scams in the Philippines. Fraudsters might look you up on social media, send you a letter, or even Skype a message. You’ll gradually feel rushed, under pressure, and compelled to make snap judgments. People fell prey to emotions and lost their guard, making them scam victims.

Types of Online Fraud

Fraudsters do not need brute force to steal financial and personal information from devices and computers. They often deceive users through phishing scams in the Philippines. There are many ways to scam people over the Internet. The ingenuity of scammers knows no bounds, new methods are constantly appearing aimed at extorting money from Internet users. The most common on the network are the following.


Attackers utilize clone websites, such as those for payment systems, banks, and other online businesses, to gather logins and passwords from accounts, pin numbers from bank cards, and other user information.

Phishing causes you to lose control over your accounts, lose money, and disclose your private information. Using a domain that is identical to the original one is a common phishing strategy.

Online Dating Site Fraud

Even on reputable dating sites, fraudsters hunt for their victims. Once a potential victim expresses interest, the con artist switches all communication to personal phone conversations, texts, and emails. He gradually builds a friendship with the victim online while attempting to win her favor and confidence at any cost.

The swindler will eventually make up a story about why he needs the money, frequently for a relative’s illness, injury, or business deal. Despite warnings from family and friends that this is likely a scam trap, the victim is generally already won over by this point and happily gives money. It is tough to get money back once it has been sent through mail or bank transfer.

Spam Messages

Everyone has gotten junk mail communications claiming to be winners of significant sums of money or describing friends in need of money. Spam may be found in email, instant messaging, and other internet services, among other places.

Avoid scams Philippines
Avoid scams Philippines

Spam on Credit Cards

Filipino firms might identify their fictional offices on web maps to draw in customers seeking nearby products or services. The actual address does not correspond to the one shown on the map. As a result, subpar services are offered.

Pyramid Schemes

Avoid signing up for multi-level marketing (MLM) organizations in the Philippines actively recruiting on social media. Their business strategy is sometimes referred to as pyramid scams in the Philippines, multi-level marketing, or networking. When opposed to selling their products, these businesses generate more money via member recruitment. You can find a list of pyramiding scams in the Philippines to figure out popular scammers.

Fake online stores are equally popular spam in the Philippines. In such online stores, low-quality products are sold, or the buyer pays for the purchase (advance payment or in whole) but does not receive the goods.

Fraud in Online Payments

A person often discloses personal and banking information during transactions to complete payments and money transfers. Scammers may use this information against a person if you are careless and allow them to use it against them.

You should always ensure that you have checked the reputation of the business and the money transfer agency before sending an advance payment for services or items. Always investigate the legitimacy, ratings, and reviews of online stores and money transfer services to avoid annulment scams in the Philippines. It is advisable to check the registration status of an unidentified service provider on official websites. Transactions with businesses and money transfer service providers duly licensed, registered, or authorized. For instance, suppose a person uses the services of banks or pawnshops in the Philippines. In that case, it is possible to check the license and authorization of Bangko Sentral ng Pilipinas (BSP).

Fraud in Cooperative (CO-OP) Investments

One of the most famous investment scams in the Philippines is the one that has been around for a while and is still relevant. It is a cooperative (CO-OP) scam. A collection of individuals is called CO-OP. They freely devote their financial resources to a cause or business. Nothing initially indicates problems.

The con artists will establish a CO-OP that works like a bank. They often solicit monthly or weekly donations from a particular neighborhood or organization, such as farmers and Overseas Filipino Workers (OFWs). These people pool their funds, which are subsequently invested in new projects or lent to other members with interest. With the help of the Internet, you can find the list of investment scams in the Philippines which can help you find scammers.

Fraud Involving Online Credits And Loans

Many Filipinos fell for these popular loan scams in the Philippines. In this instance, the con artists pose as private lenders or assert that they work on behalf of a reliable financial institution. They provide loans online with far too enticing terms.

Fraudsters will emphasize getting upfront payments, blaming legal or due diligence requirements like a credit score or loan application, and gathering personal information from victims for nefarious or abusive fraudulent financial activities.

Before applying for a loan, you should take the following steps:

  • check the organization in the registries;
  • reason and don’t get carried away by emotions;
  • check company reviews.

It is important to double-check all the data about the financial organization several times so as not to fall for scammers.

Avoid Loan Scams Philippines
Avoid Loan Scams Philippines – read additional information about illegal online apps in the Philippines

How to Protect Yourself From Online Scams Philippines

Here are a few tips to help you stay safe in the online world:

  • When accessing a website, check the HTTPS: prefix next to the URL in the status bar at the top of your browser. A website and a user device may communicate data confidentially thanks to the HTTPS protocol. The presence of HTTPS indicates that the website is secure. When inputting the information needed to make payments for items or transfer money, URL validation is crucial.
  • Carefully read the spelling of domains and URLs, and check for typos in substituting letters and numbers if you want to avoid online shopping scams in the Philippines. Make sure the internet retailer you choose is legitimate before making a costly online purchase. Search for information about the shop on discussion boards and social media sites where actual customers submit evaluations.
  • Even if the communication appears to be from a friend or colleague but is not coming from their personal address, avoid clicking any hyperlinks or downloading any files from emails or texts coming from unidentified senders. These links can bring you to malicious websites or false copies of legitimate websites.
  • Once you are confident with the internet store, just divulge your card information. Never reveal the card number or the CVV code on the back of the card, regardless of the matter who the person is who presents himself. Examine the online store’s checkout page thoroughly. The address of the bank processing the transaction is shown in the address bar when you click the Pay button. Suppose you see that the address is somehow incomprehensible, and you are asked to enter all the data there. In that case, you should not perform this action.
  • When generating your passwords, use creativity. It is advised to routinely update passwords, especially for payment systems. Numerous online businesses advise customers to choose a strong password. To assist users, some have already developed instructions.

Finally, check the information on the organizations you pay. A website visitor to a legitimate, active business will always have access to information like the business’s contact data, technical support information, and the organization’s specifics. Pay close attention to the registration date and the events (whether they correspond to the product declared on the site).

How to Identify Scammers?

The scammer will push and deprive you of the opportunity to think critically when making a decision. He will convince that today is the last day of a profitable promotion, or put pressure on the fact that the life of another person depends on the delay.

The swindler will obviously lie or play up, answering additional questions. Remember: he does not know much about you, so it is important for him to get as much information as possible. Sometimes scammers deliberately give incorrect information, hoping that the victim will refute it and name the correct information.

Another sign that you are facing a crook is the guarantee of profitability on a financial product, even one that carries risks. And you don’t have to work hard to make a profit. If an existing employee of the company describes the terms of the contract and warns the client about possible risks, then the scammer will emphasize that you are missing out on a profitable offer.

If You Have Become a Victim of Internet Scams

Call your bank immediately and ask them to block your cards. Even if it turns out that everything is in order, it’s okay. In such a situation, it is better to make a mistake than to do nothing and be left without money. Information about transactions with funds in your accounts that you did not make must be sent to the bank as soon as possible. In a perfect world, the same day they happened. Some banks accept applications by phone or online chat.

What To Do In The Philippines If You Are Tricked?

It seems doubtful that the money lost due to fraud will be recovered. Depending on the hoax, it may still be worthwhile to attempt to get assistance from legitimate government organizations.

Report any fraud, swindles, or misuse involving banking, financial services, or insurance-related goods and services to Bangko Sentral Ng Pilipinas professionals. For immediate communication, BSP has a specialized online chatbot, BOB (BSP Online Buddy).

Bottom Line About Scams in the Philippines

Internet fraud is on the rise. With the advent of online banking and electronic stores, the number of ways to illegally take money from the population has increased significantly. Cyber scammers are becoming more sophisticated and creative with their scams in the Philippines, so we recommend that you be constantly on the lookout and check the information about the activities of companies operating online and their representatives.

It is crucial to look after your loved ones, especially youngsters and the elderly, and to inform them of the dangers of accessing the Internet. The advice is not an iron-clad guarantee of certain assurance that you will be safe from malicious Internet users. Nevertheless, they will assist in lowering the possibility of your money, cryptocurrencies, and personal info being stolen.

User Review 4.33 (3 votes)
Linda Carters/ author of the article

Financial Journalist on Advance Loans Philippines with 8 years experience in a Fintech niche.

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