PDIC Warns Against Compliance Requirement Scam

The Philippine Deposit Insurance Corporation (PDIC) warns the public against a scam involving a document with a subject, “Formal Notice of Compliance Requirement and Fund Protection Measures” using the PDIC Seal as its letterhead and bearing the fake signature of the PDIC President. 

This fake letter, allegedly sent by the Department of Finance, requires the targeted individuals to pay an insurance premium to receive a fund transfer. Targeted individuals are likewise told that a certain Atty. Maria Abad, purportedly from the PDIC, will get in touch with them via WhatsApp.

Notice is hereby given to the public not to fall victim to this scam.

PDIC does not insure fund transfers of any kind.

Further, the PDIC has no employee by the name of Atty. Maria Abad. Communication to depositors or any stakeholder will be made only through the PDIC official channels.

Finally, the use of the PDIC Seal in the abovementioned document is unauthorized and is a violation of PDIC Regulatory Issuance No. 2025-01 on Revised Rules and Regulations on Advertisements and Proper Use of the PDIC Seal, Insurance Statement, and Signages.

The public is strongly advised to be vigilant and to verify and immediately report to PDIC any similar fraudulent scheme through any of the following:

Public Assistance Department

Contact Numbers: (02) 8841-4141 (for callers within Metro Manila)
1-800-1-888-7342 or 1-800-1-888-PDIC (for callers outside Metro Manila)
Email Address: [email protected]
Official Facebook Page: https://www.facebook.com/OfficialPDIC