The Central Bank of the Dominican Republic has warned that purported contracts circulating on social media for loans allegedly issued by the central bank to Dominican citizens are false, invalid and unsupported by the Monetary and Financial Law or any other law. The fraudulent scheme asks recipients to make upfront deposits to individuals unaffiliated with the central bank in exchange for supposed loans. The central bank advised recipients to ignore messages of doubtful authenticity and report them to the competent authorities, noting that its official decisions are communicated through its website, official social media accounts and national media.
2026-08-31Central Bank of the Dominican Republic
Central Bank of the Dominican Republic warns social media loan contracts are fraudulent
The Central Bank of the Dominican Republic warned that social media contracts offering purported central bank loans to citizens are fraudulent and legally invalid. The scheme solicits upfront deposits for individuals unaffiliated with the central bank, and suspicious messages should be ignored and reported.