The Bangko Sentral ng Pilipinas (BSP) on Friday reminded the public to be more vigilant against scams using artificial intelligence (AI) to create or manipulate fake videos and audio to make them appear more believable.
"Perpetrators of these fraudulent activities post AI-manipulated content on social media to spread false information about organizations, officials, and persons, including the central bank and its personnel," the central bank said in an advisory.
The BSP said Governor Eli Remolona, Jr. does not endorse the alleged cryptocurrency project “Tesler Code” or any other cryptocurrency investment.
It warned that the act of misrepresenting the BSP or any of its officers or units is punishable under the law.
"To guard against this scam and other similar schemes, the BSP urges the public to remain vigilant and to refrain from providing personal information to unverified or suspicious entities," said the BSP.
The BSP also encouraged the public to verify the authenticity of messages from supposed BSP officers or representatives and to report suspicious activities to (+632) 8811-1277 or 8811-1BSP or through the central bank's email address at bspmail@bsp.gov.ph and Facebook Messenger: www.m.me/BangkoSentralngPilipinas.
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