The Superintendence of Banking, Insurance and AFPs (SBS) warns from time to time that some companies continue to carry out financial activities without authorization from the entity. For example, Omega Pro, Generation Zoe, Xifra, among others, are some companies that propose business schemes; however, they do not have the approval of the SBS.
It should be noted that, according to article 11 of Law 26702, General Law of the Financial System and the Insurance System and Organic Law of the Superintendence of Banking and Insurance, “Any person who intends to collect or receive money from third parties, in the form of a deposit, mutual or any other modality, requires the prior authorization of the SBS.”
In this sense, to avoid avoiding falling before a possible fraud, Jorge Carrillo Acostaprofessor and finance expert at Pacífico Business School, provides some recommendations to avoid being scammed.
Do not trust if they guarantee you high profitability in a short time
According to the teacher, it is difficult to achieve large profits in the short term (weeks or months), and even less in a guaranteed way, since, normally, the instruments with the highest probability of high profitability also have a greater risk of losing a good part of the investment.
In this sense, many scam companies invent a business to justify their alleged profits, such as investing in cryptocurrencies, buying and selling currencies, oil, gold or medical cannabis; however, basically they do not carry out any activity of this type.
Check if the company is authorized to raise money
Carrillo maintains that any person or company that wants to collect money from third parties needs the prior authorization of the Superintendency of Banking, Insurance and AFPs (SBS).
Therefore, given the large number of scams that arise, this entity has a division specialized in identifying this type of deception, the Financial Intelligence Unit (FIU), so they could alert us if the company we consult has already been detected.
If you wish to inquire about a company that you suspect is handling some type of illicit in the aforementioned, you can communicate through the SBS service channels:
Do not trust if they require you to bring referrals
Serious companies do not usually require referrals or recommendations for the business to work, since profits are based on the investments made, and not on the people who join the organization.
“Normally, when referrals are requested to obtain the profitability offered, and there is no specific good or service that is marketed, it is a financial pyramid (scam)”, says the professor.
Be suspicious if they ask you to deposit more money so as not to lose your investment
If the company requires you to deposit more money with the excuse that the investments are losing and need to be recovered with larger deposits, unfortunately it is a fraud.
“In these cases, it is preferable to lose the money that has already been delivered to place more funds to increase the loss,” Carrillo points out.
On the other hand, the SBS urges the population in general to be adequately informed, as well as to take appropriate precautions when deciding where to save or invest your money.
List of entities authorized to collect deposits
Check if the entity to which you are going to make transfers or other financial activity is registered as a company authorized by the SBS. Next, we leave you the list of entities authorized to collect deposits updated to March 9, 2022, according to the superintendence:
Bank
- Alfin Bank
- BBVA
- Bank of Commerce
- Credit Bank
- Nation
- Falabella Bank
- GNB Bank
- Banbif
- interbank
- Pichincha Bank
- ripley bank
- Santander Peru
- Bank of China (Peru)
- Citibank of Peru
- ICBC Peru Bank S.A.
- My bank
- Scotiabank Peru.
Financial
- Let’s Share Financial
- CrediScotia
- Confidence Financial
- Financial Credinka
- Effective Financial
- Financial OH
- Financial ProCompany
- Qapaq Financial.
Municipal savings and credit bank
- CMAC Cusco
- CMAC Arequipa
- CMAC Sullana
- Santa’s CMAC
- CMAC Huancayo
- CMAC Ica
- CMAC Maynas
- CMAC Paita
- CMAC Piura
- CMAC Tacna
- CMAC Trujillo
- CMCP Lima.
Rural Savings and Credit Bank
- CRAC Cencosud Scotia
- CRAC Los Andes
- CRAC Root
- Center CRAC
- CRAC Incasur
- CRAC First.
Source: Larepublica
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