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Nation

DOJ warns of scam targeting investors

Edu Punay - The Philippine Star

MANILA, Philippines — The Department of Justice (DOJ) yesterday warned the public against a scheme preying on prospective investors for government projects.

In an advisory, the DOJ said the modus is being perpetrated through bogus agency Philippines Project Award Commission (PPAC) using the website philippinesprojectawardscommission.info.

The DOJ said the PPAC is claiming to be the central procurement agency of the government in its bid to defraud investors.

The fake firm is also claiming to have authorized agents like the “Champs Court” and “Champion Court Business Consulting Agency.”

The DOJ advised the public to report transaction attempts by the mentioned website to the its Office of Cybercrime ([email protected]); the National Bureau of Investigation (526-1294); and the Philippine National Police Anti-Cybercrime Group (723-0401 local 5313).

It reiterated that the Philippine Government Electronic Procurement System is the sole centralized electronic portal that serves as the official source of information on government procurement.

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DEPARTMENT OF JUSTICE

INVESTMENT SCAM

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