Infotextblast


Monday, October 19, 2015

Online fraud punishable: DTI

Amorganda Y. Saludar

Central Visayas, October 19 (PIA) --- The Department of Trade and Industry (DTI) issue an advisory warning the public that under the Cybercrime Prevention Act online fraud is punishable.


In a press release, DTI-7 said this warning intends to educate and warn the public and ensure that cyberspace is safeguarded from malicious individuals and corrupt business practice.

According to DTI online fraud is punishable under the law, and this includes Fake Websites which mimic a genuine reputable online business by using a very similar website address or that pretend to be a legitimate business with the sole purpose of defrauding unsuspecting shoppers. 

Online Auction Scams which receive goods that are counterfeit or that significantly differ from the original description and are of lesser value or there are no goods delivered. 

Weight Loss Medicine Scams which offer alternative slimming aids or medicines which have not been tested and are harmful; Phishing Emails that purportedly come from legitimate and well-known sources which contain a link to a false but credible-looking website where the victim will be asked to update their personal or account information.

With this the department through its provincial offices regularly conducts free seminars on Fair Trade Law (FLT) to include Price Act of the Philippines, Product Standards Law, Business Name Registration Law, and the Customer Act of the Philippines to increase the public’s awareness of their rights and responsibilities under the law.


To inquire on the schedule of the FTL seminars, call the nearest DTI Office.  In Central Visayas, those interested may call DTI Cebu at (032) 255-7082, DTI Bohol (038) 412-3302, DTI Negros Oriental (035) 255-4781, DTI Siquijor (035) 344-2238. (mbcn/ays/PIA7/with reports from DTI-7)