The Chile Financial Market Commission (CMF) warned the public about three entities offering loans via websites that allegedly request advance payments from applicants for loans that never materialise, while claiming to be supervised by the CMF. The CMF filed three complaints with the Public Prosecutor's Office for alleged fraud. The complaints cover Proel Finanzas (proelfinanzas.com), which the CMF says impersonates Administradora PROEL S.A.; CREDIPOL (coopavanza.cl), which it says impersonates DUPOL Corredores de Bolsa S.A.; and CrediJusto (crejsto.com). The CMF also highlighted its online Fraud Alerts Page, which allows users to check whether an entity or person is supervised by the CMF and to review alerts issued by the CMF and foreign regulators on unregulated entities or activities.
Chile Financial Market Commission 2025-12-31
Chile Financial Market Commission files fraud complaints against three online loan entities falsely claiming CMF supervision
The Chile Financial Market Commission (CMF) warned about three entities falsely claiming CMF supervision while offering loans that require advance payments but never materialize. The CMF filed fraud complaints against Proel Finanzas, CREDIPOL, and CrediJusto with the Public Prosecutor's Office. The CMF also emphasized its online Fraud Alerts Page for verifying supervision and reviewing alerts on unregulated entities.