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Next CSE-PPT: 14 March 2027

World MCQ ForumPhilippines

The Anti-Financial Account Scamming Act (AFASA) of 2024 penalises, among others:

Correct answer: B. Acting as a "money mule" by letting one's bank or e-wallet account be used to receive or move scam proceeds

RA 12010, the AFASA, punishes money muling, social engineering schemes such as phishing to obtain account details, and economic sabotage involving financial accounts. It also gives the BSP power to investigate such cases.

hard

Answer and explanation

The correct answer is B. Acting as a "money mule" by letting one's bank or e-wallet account be used to receive or move scam proceeds

RA 12010, the AFASA, punishes money muling, social engineering schemes such as phishing to obtain account details, and economic sabotage involving financial accounts. It also gives the BSP power to investigate such cases.

Topic: Data Privacy and Cyber Laws MCQs · Subject: General Information