November 14, 2023 - The Financial Market Commission (CMF) announces that it submitted information before the Public Prosecutor's Office for alleged fraud against the parties responsible for the following web apps: "Altirocash," "Cumpacash," "Chekera," "Dinero Ya," "Tu Efecty," "CH Buro de Créditos," "SoleWaka," "Stella Crédito," "Maquicash," and "Kina."

The complain refers to entities not supervised by the Commission and whose apps can be downloaded from Google Play and other websites. They offer loans with an interest exceeding the Maximum Conventional Rate, which is the top limit allowed for money credit operations.

Recommendations

• Check the special alerts page for investors, policyholders, and banking customers available on the CMF website. Interested parties can verify here whether an entity or person offering financial products or services is supervised by the Commission; review alerts issued by the CMF and other foreign regulators on unregulated entities or activities; and get important advice on how these scams operate.
• Use popular Internet search engines to find any complaints or negative feedback about companies through their name, their directors, and the products being considered for investment.