The Philippine central bank warned Friday about the rising threat of AI-generated scams on social media, urging the public to be vigilant against increasingly convincing fake videos and audio.
The Bangko Sentral ng Pilipinas (BSP) said scammers are using artificial intelligence to create manipulated content that spreads false information about organizations and officials, including the central bank itself.
The BSP specifically denied that its governor, Eli M. Remolona, Jr., has endorsed any cryptocurrency projects, including one called “Tesler Code.”
Misrepresenting the central bank or its officers is punishable by law, the BSP said.
The bank advised the public not to share personal information with unverified entities and to confirm the authenticity of messages purportedly from BSP officials.
Suspicious activities can be reported to the BSP at its Manila headquarters, by phone at (+632) 8811-1277, or by email at bspmail@bsp.gov.ph.
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