OFW Loan Scams Requiring Advance Fees
Public advisory update on Scammers using RFC / Radiowealth Finance Company’s business name for Scams requiring loan applicants to make a loan transaction FEE advance payment or advance deposit to receive their loan amount request.

WE DO NOT REQUIRE ADVANCE PAYMENT OR COLLECT ANY FEES ON LOAN APPLICATIONS.
Scammer’s modus are to usually bring loan applicants in Telegram or in FB Chat groups with other scammers pretending to be other loan applicants too. The Telegram group fake-attendee are accomplices who will play a role in influencing and encouraging the primary loan applicants to proceed with the payment of the advance payment or fees.

Scammers may also produce employee I.D.s and DTI SEC registration plaques and reference the SEC website for legitimacy claims. These I.D.s and Registration contains FAKE INFORMATION.

What to do when you have submitted your personal information and documents.
1. Report the incident to the authorities ‒ We highly recommend you to report the incident to the NBI Cybercrime Division. Contact Us ‒ Office of Cybercrime (doj.gov.ph)
2. File a police report at the nearest police station regarding the full incident and what documents you have submitted to the scammers. This will protect you from any incriminating activities that the scammers may have used your personal information and documents with.
3. Report this incident to Radiowealth Finance ‒ Message our official FB Page and/or email RFC at rfcares@rfc.com.ph . RFC will investigate the matter and will also report the incident to the proper authorities. A public advisory will also be created and published to notify the public of the criminal activity warning the public and potential victims.