‘Alarming’: P460B lost to scams in PH, says study
MANILA, Philippines — Filipinos lost $8.1 billion, or nearly P460 billion, in the past 12 months mostly due to text messaging scams that offered too-good-to-be-true deals, according to a report by Global Anti-Scam Alliance (Gasa). The estimated losses are equivalent to 1.9 percent of the country’s gross domestic product. On average, each Filipino victim lost
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