Chile Financial Market Commission issues fraud alert and files complaint against five loan websites seeking advance payments

The Chile Financial Market Commission has warned the public about five websites offering credit and has filed a complaint with the Public Prosecutor's Office for alleged fraud. The commission said the entities presented themselves as supervised by the CMF despite not being registered or authorized, asked loan applicants to make advance payments, and then failed to disburse the agreed loans. The complaint covers Prometheus Financial Cooperative at prometheuscl.holdings, described as an imitator of Prometheus SpA, Credi Asset Group at crediasset.group, Créditos Brokers at creditosbrokers.cl, described as an imitator of Brokers SpA, Condor Capital Cooperative at condorcapital.site, and Credi Acceso at crediacceso.cash. The CMF also pointed users to its Fraud Alert website, where individuals can check whether a firm or person offering financial products or services is supervised by the commission and review alerts on unregulated entities or activities.