September 20, 2022 - The Financial Market Commission (CMF) alerts the public about a series of entities offering loans that are neither supervised by it nor registered in its rolls.
According to information gathered by the CMF's Investigation Unit, these entities claim to be supervised by the Commission and offer loans through their websites while requesting advance payments from applicants. After making said advance payments, applicants do not receive the agreed funds. Therefore, the CMF will file charges against any responsible parties before the Public Prosecutor's Office for alleged fraud. The identified entities are:
- Crecimiento Económico, a.k.a. Financiera de Crédito de Chile (crecimientoeconomico dot com)
- Cooperativa de Consumo (coopdeconsumo dot com, impersonates the real Cooperativa de Ahorro y Crédito Claret)
- CoopeNorte (cooperativadelnorte dot com, impersonates the real Cooperativa de Ahorro y Crédito Norte Grande Ltda.)
- Nacional de Créditos Chile (nacionaldecreditoschile dot com)
- CoopOriente (cooporiente dot com, impersonates the real Cooperativa de Ahorro y Crédito Oriente Ltda.)
- Procrédito (impersonates the real Procréditos S.A. and contacts people directly via WhatsApp).
The Commission also reports that fraudulent entities use bank accounts belonging to natural persons to collect money from their scams. Therefore, it reminds the public that checking, vista or RUT accounts are strictly personal and must not be made available to third parties to receive funds from unknown origins. Anyone who provides their bank account to third parties who commit a crime may be subject to criminal penalties.
In addition, a special alerts page for investors, policyholders, and banking customers is available on the CMF website. Interested parties can verify here:
- Whether an entity or person offering financial products or services is supervised by the CMF.
- Alerts issued by the CMF and other foreign regulators on unregulated entities or activities.
- Other important advice for the protection of investors, policyholders, and financial clients.
