THE National Bureau of Investigation (NBI) has swooped down on at least two online lending firms
Illicit moves to deprive clients of their money.
NBI director Jaime Santiago identified the establishments as Philvest Solutions and 24H PESO which allegedly extort money from borrowers and clients using “deceptive and coercive methods.”
The scheme involved unauthorized processing of personal and sensitive information to contact borrowers, clients, and third parties, falsely claiming outstanding debts through threats and intimidation.
Santiago said their investigations revealed that the suspects were using personal and sensitive information individuals in their contact lists to damage reputations, harass, threaten, coerce, and conduct unduly intrusive methods, such as posting on social media and other platforms.
One of the suspects, identified as Mi Duan alias “Ms. Lucky” was arrested pursuant to the Revised Rules on Criminal Procedure, Rule 113, Section 5.
