Chile Financial Market Commission warns of loan scams falsely claiming CMF supervision and files fraud complaints

Chile’s Financial Market Commission (CMF) issued a public alert about entities offering loans through websites and WhatsApp that claim to be supervised by the CMF and request advance payments from applicants for loans that never materialize. Based on information gathered by its Investigation Unit, the CMF filed complaints with the Public Prosecutor’s Office for alleged fraud. The complaints relate to Crediflex (https://credi-flex.com), Hazlo Ya Préstamos (https://web.hazloya.net), an impersonator of AMM Administradora de Fondos Privados S.A. operating via WhatsApp, an impersonator of Fondo de Inversión Lennox Financiamiento Estructurado operating via WhatsApp, and an impersonator of Administradora de Créditos e Inversiones Dominus S.A. (https://creditosdominus.com). The CMF also reported that Consorcio Asesorías Financieras Limitada, previously the subject of a CMF alert, is currently operating through https://consorcioafl.com/ and https://cmfchile.consorcioafl.com/, and that these domains are not related to the CMF. The CMF reiterated that users can consult its Fraud Alerts Page to verify whether an entity or person offering financial products or services is supervised by the CMF, review alerts issued by the CMF and foreign regulators, and access guidance for investor, policyholder, and financial client protection.