This holiday season, GCash is advising the general public against illegal raffle promotions that sell online tickets for a chance to win cash prizes and automobiles. The warning comes as part of the leading e-wallet’s thrust to build a financially inclusive and safe cashless ecosystem by educating users on the modus of scammers, fraudsters, and cybercriminals.
The warning comes with a reminder to users that all such activities, including those online, should have a license to operate issued by the Philippine Amusement Gaming Corporation (PAGCOR).
GCash cited an incident involving the social media page 'Tipsy D Garage' which, according to PAGCOR, was operating illegally, prompting an investigation by the National Police Anti-Cybercrime Group (PNP ACG) arranging the necessary operation.