The Philippine Deposit Insurance Corporation (PDIC) has issued a public warning regarding the use of fake official receipts.

Scammers are reportedly using these fraudulent receipts for payments related to transactions with closed banks under its liquidation.

According to the state deposit insurer, the fraudulent receipts have several distinguishing features.

These include the use of the old PDIC logo, the presence of misspellings, and falsified signatures of PDIC personnel. Additionally, the fraudulent receipts show a general inconsistency with the standard format of authentic, agency-issued receipts.

According to the PDIC, its official logo was updated on 22 June 2018. As a result, the agency considers any recent documents that still feature the old logo to be suspect.

To avoid falling victim to these schemes, the PDIC has advised the public to conduct transactions only with authorised personnel. These transactions should also be done exclusively at the official PDIC office, located at the PDIC Chino Building on Chino Roces Avenue in Makati City.

The agency is encouraging the public to exercise vigilance and to carefully verify the authenticity of all documents related to their transactions.

You should report any suspicious receipts or documents immediately to the PDIC Public Assistance Department (PAD).

You can make reports through the official email address at pad@pdic.gov.ph, the hotline at (02) 8841-4141 for calls within Metro Manila, or the toll-free number 1-800-1-888-7342 for those outside the capital region.

Additionally, you can send concerns via direct message to the PDIC’s official Facebook or X pages, or visit the PAD in person.

This warning is part of the PDIC’s mandate to protect the interests of depositors.

Featured image by mamewmy via Freepik.