Philippines: value lost by victims of consumer fraud by financial platform 2024

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Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform (in million Philippine pesos)

Amount lost by victims of consumer fraud Philippines 2024, by financial platform

Last update:

Mar 24, 2025

Author:

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Region:

Philippines

Survey time period:

From 01/01/2024 to 31/12/2024

In 2024, victims of consumer fraud using GCash reported losing about 76.5 million Philippine pesos. In contrast, users of PayMaya reported the least value of losses in that year.

These online fraud complaints were filed to The Cybercrime Investigation and Coordinating Center (CICC) which is a government agency responsible for monitoring cybercrime cases in violation of the Cybercrime Prevention Act of 2012.

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Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform (in million Philippine pesos)

Get in touch with us for additional information

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