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Richmond Mercurio - The Philippine Star
December 1, 2025 | 12:00am
In an advisory, the PSE said that its name, logo and original social media content are being used by unscrupulous individuals in fraudulent investment solicitations circulating on instant messaging platforms such as Telegram and WhatsApp.
Businessworld / File
MANILA, Philippines — The Philippine Stock Exchange Inc. is cautioning the investing public against fake accounts on messaging apps using the PSE’s name to solicit investments.
In an advisory, the PSE said that its name, logo and original social media content are being used by unscrupulous individuals in fraudulent investment solicitations circulating on instant messaging platforms such as Telegram and WhatsApp.
The PSE said that scammers have also been assuming the identities of current and former directors and officers, as well as other capital market professionals to deceive people into investing or transferring funds to their get-rich-quick investment schemes.
The PSE said that it does not own or manage any Telegram or WhatsApp account, and that its official social media accounts are utilized for information purposes only.
“PSE disclaims any obligation or liability for decisions made or action taken based on fraudulent communications that use the PSE’s name and logo,” the company said.
It advised the public to be cautious and verify the legitimacy of any information or request that claims affiliation with the PSE.
“Immediately inform PSE if you encounter suspicious solicitations on messaging platforms and have reason to believe that you are being defrauded with potential stock market investment scams,” it said.
To protect the public from scammers, the PSE clarified that its employees or officers do not solicit investments, whether through instant messaging apps, social media platforms or otherwise.
