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NewsTranscript
00:00It is not only the more dangerous threat of the ban that the authorities are monitoring in the online lending apps.
00:07It is also being reported that some of them are running away from these.
00:10Former operator of Pogo, Salima Refran is on the scene.
00:17At the detention facility of PAOK in Pasay,
00:20the last employees of the two online lending apps, UOLA,
00:24raided by PAOK and NBI in Makati.
00:27They were profiled by the NBI and were placed in the booking process.
00:32131 Filipinos were detained by NBI and PAOK
00:36in the raid of the online lending applications last week.
00:41But only 117 will be faced with the complaints of violation of the Data Privacy Act
00:47because some of them went back and chose to be witnesses.
00:53According to the victims,
00:54the harassment of UOLAs is dangerous.
00:58They were sent to a purinarium where their bodies were taken.
01:02They were sent by a firefighter to their house.
01:06They were given fake food bookings.
01:12I will be beheaded.
01:14I will not go out because I will be shot.
01:18I will be raped.
01:20My whole family will be killed.
01:23They use pornographic material on the children.
01:26Even your grandparents.
01:28They will edit their faces and where they will put it.
01:32Even worse, some of them will put it on the website.
01:36Those who have good credit and good pay,
01:39they were forced to go back to work.
01:42They are called every day starting at 6am.
01:45Every five minutes, they are called.
01:47Different numbers.
01:48Different people are texting.
01:50According to Paok's investigation,
01:52it is now prohibited for UOLs
01:54to transfer their operators to online lending apps.
01:58They saw an online lending company raid Makati in October 2023.
02:05Chinese are running it.
02:07They know how to run it.
02:10Syndicates saw that it is easy for us.
02:14What has changed is that the employees are now Filipinos.
02:19Filipinos are the ones who are being fooled.
02:22And Filipinos are the ones who are being fooled and harassed.
02:28The Securities and Exchange Commission, or SEC,
02:31is in charge of financial lending instruments
02:34like online lending applications or platforms.
02:37Since 2023, there are almost 24,000 complaints
02:42about the unfair debt collection of UOLs.
02:45But only 300 were violated.
02:48There were cases filed by the SEC in fiscal year
02:51against corporations that are holding UOLs.
02:55In SEC Circular 2019-18,
02:58the prohibitions on the collection of loans
03:01such as borrowing,
03:03blackmailing,
03:04and sharing information with the public.
03:06Permission to access gallery, contacts, cameras, and microphones
03:13are prohibited.
03:15For SGMA Integrated News,
03:17I'm Refrain.
03:18See you in 24 hours.