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DOST warns OFWs vs. possible iFWD program scammers

(Image grabbed from DOST-NCR's Facebook page) MANILA-The Department of Science and Technology - National Capital Region (DOST-NCR) is warning the overseas Filipino workers (OFWs) against possible scammers luring them to avail of loans under its iFWD PH (innovation for Filipinos Working Distantly from the Philippines) program. In an advisory on Friday, the DOST-NCR said it has received information about possible scammers using the iFWD PH program, logo and other publication materials "to acquire loans with a certain interest rate through a suspicious site/portal." The FWD PH aims to provide opportunities to OFWs and their families to establish technology-based enterprise in the Philippines. Through this program, the DOST would provide up to PHP250,000 loan, payable in three years and with no interest. Bianca Canlas, iFWD project leader, said they got the information from DOST Mimaropa. "They raised this concern to us. We were also alarmed because there were applicants ....

Soult Ukpyolsi , South Korea , United States , Gorod Astana , Ronald Reagan , Traffic Safety Administration , International Section , Afghan Government , National Highway Traffic Safety Administration , Mage Grabbed From Dost Ncr 39s Facebook Page Manila The Department Of Science And Technology National Capital Region Is Warning Overseas Filipino Workers Ofws Against Possible Scammers Luring Them To Avail Loans Under Its Ifwd Ph Innovation For Filipinos Working Distantly Philippines Program In An Advisory On Friday , He Dost Ncr Said It Has Received Information About Possible Scammers Using The Ifwd Ph Program , Ogo And Other Publication Materials Quot To Acquire Loans Witha Certain Interest Rate Througha Suspicious Site Portal The Fwd Ph Aims Provide Opportunities Ofws Their Families Establish Technology Based Enterprise In Philippines Through This Program , He Dost Would Provide Up To Php250 , 000 Loan , Ayable In Three Years And With No Interest Bianca Canlas , Fwd Project Leader , Aid They Got The Information From Dost Mimaropa Quot Raised This Concern To Us We Were Also Alarmed Because There Applicants Who Saying Will Availa Loan With 3 Percent Interest , Ut The Program Does Not Ask For An Interest , Uot Canlas Told The Philippine News Agency Possible Scammers , She Said , Re Using The Site , Pwd Dost Ph , Hich Looks Quite Similar To The Correct Portal , Fwdph Dost Gov Ph She Said The Incorrect Link No Longer Directs Users Toa Supposed Ifwd Page However , Anlas Noted That The Possible Scammers May Also Be Using Other Links , Ence The Office Issued An Advisory Dost Ncr Urges Ofws To Take Precaution Against Fraudsters Who Are Using Or Any Of Its Programs ,