BSP flags scam using Monetary Board member’s name

BSP flags scam using Monetary Board member’s name

/ 12:32 PM July 27, 2026
The Philippines ended 2025 with a smaller dollar shortfall than expected
BSP warns Filipinos against unscrupulous individuals. | File Photo REUTERS/Romeo Ranoco

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) cautioned the public against scammers falsely using the name of Monetary Board member Benjamin Diokno to solicit donations for fake charitable causes.

The central bank said scammers have been sending electronic messages claiming to represent the BSP or its officials, asking recipients to donate to supposed charities.

READ: Villar: Landmark AFASA law now delivering results in fight vs scammers

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The messages include bank account details that the scammers falsely present as belonging to legitimate charitable organizations.

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The BSP said neither the institution nor its officials and employees solicit donations, sponsorships or financial assistance, nor act as intermediaries for charities.

READ: Scam losses in Asian regions up to $114 billion in 2025 – UN

It urged the public to ignore such requests and verify suspicious communications through official BSP channels. /pai INQ

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TAGS: Bangko Sentral ng Pilipinas (BSP), Monetary Board (MB), online scam

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