Illustration of digital wallet and online scam concept

Filipinos lose P121.8 billion to online scams in one year

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A recent report reveals that Filipinos lost approximately P121.8 billion to online scams over the past year. The report highlights digital wallets as the main method used by fraudsters to receive money from victims. This data underscores the growing financial risks associated with digital transactions in the Philippines.

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Originally published by gnews