It’s extremely important that you report any suspected instances of fraud or scams. Not only will this protect you, but it will also help make the web a safer place to do business.
Here are some types of suspect activity:
- Unauthorized activity on your Coins.ph account.
- Fake Coins.ph websites or spoofed emails.
- Unregulated investment schemes and online scams.
Being aware of the different advisories issued by government agencies in the Philippines like the Bangko Sentral ng Pilipinas or BSP and the Securities and Exchange Commission or SEC is beneficial when reporting scams or fraudulent activity.
Moreover, the SEC has also issued advisories about investment activities like Cloud Mining Contracts and Online Paluwagans (OnPals). You can read about their advisory on Cloud Mining Contracts here and Online Paluwagans here.
If you come across any suspicious activity, please report this immediately to firstname.lastname@example.org.