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BSP warns the public on text scams anew

By Leilanie G. Adriano
Staff reporter

LAOAG CITY, May 14—The Bangko Sentral ng Pilipinas (BSP) has issued an advisory to the public regarding various text scams that continue to persist and proliferate through the use of mobile phone devices.

According to the BSP, such recurring text scams declare that the receiver has won in electronic or mobile number or based on raffle/lottery, allegedly sponsored by the BSP or any of its official/representative.

To claim the prize money, the receiver is instructed to deposit a sum of money or send a prepaid load to the sender’s account.

The BSP once again warns the public that the BSP does not sponsor or engage in any games of chance, lottery or raffle of such nature.


The public is reminded to remain vigilant about these scams and other fraudulent schemes to avoid any financial loss or damage.

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