The Philippine Embassy warns the public of the increasing number of alleged scams involving individuals offering high-earning products, through investments in foreign currency trading or similar schemes.

The public is advised to be prudent in dealing with any offers of investment, and are encouraged to check with the Philippines’ Securities and Exchange Commission (SEC) and the UK’s Financial Conduct Authority (FCA) to check if the individual or the company offering said products are licensed. The SEC has prepared an investment scam checklist which can be visited at this site: https://www.sec.gov.ph/investors-education-and-information/investment-scam-checklist/#gsc.tab=0  while the FCA has posted an advisory on forex trading scams here: https://www.fca.org.uk/consumers/forex-trading-scams.

The public is likewise advised to stay informed and seek advice from reputable financial professionals before making any investment decisions.

If you suspect that you have been a victim of unauthorized investment solicitation activities, you may file a report with the SEC’s Enforcement and Investor Protection Department (EIDP) at This email address is being protected from spambots. You need JavaScript enabled to view it. and through FCA’s contact form and numbers listed at  https://www.fca.org.uk/consumers/report-scam.