The Philippine Overseas Employment Administration (POEA) has clarified that that it is not engaged in lending money to overseas Filipino workers.
In a statement, POEA Administrator Carlos Cao Jr. said that the agency has no lending facility for overseas Filipino workers (OFWs).
He said that the POEA was had been compelled to issue this clarification amid reports after a that a suspect had been nabbed or collecting fees from applicants for a cash loan from the POEA.
Cao said a couple was approached by an alleged fixer and offered to arrange their loan.
The couple, from came all the way from southern Philippines Zamboanga City, became suspicious and reported the incident to POEA security officers after the suspect failed to give them the amount they were borrowing.
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