Copperstone Lending Supports SEC Campaign Against Fake MocaMoca Platforms, Warns Public vs Unauthorized Entities and Investment Scams

Copperstone Lending Supports SEC Campaign Against Fake MocaMoca Platforms, Warns Public vs Unauthorized Entities and Investment Scams

MANILA, Philippines — Copperstone Lending Inc., the SEC-registered company behind digital lending platform MocaMoca, has expressed full support for the recent public advisory issued by the Securities and Exchange Commission (SEC) warning consumers against fraudulent entities and fake digital platforms illegally using the company’s identity and branding.

The advisory, released by the SEC’s Financing and Lending Companies Department (FinLenD), cautioned the public against dealing with unauthorized websites, suspicious mobile applications, fake social media pages, and online entities falsely representing themselves as affiliated with Copperstone Lending Inc. and MocaMoca.

Among the suspicious platforms identified were:

• buklodservices.com
• flowforthventures.com
• jitsconstruction.com

According to the SEC, reports and supporting documents submitted by Copperstone revealed several online activities involving:

• Unauthorized use of the company’s corporate identity and branding
• Counterfeit or suspicious online lending applications
• Possible phishing activities and unauthorized collection of personal information
• Misleading representations to borrowers
• Alleged harassment and abusive collection-related activities
• Possible misuse of consumer data and unauthorized financial transactions

Copperstone Lending Inc. welcomed the SEC’s swift action and reiterated its commitment to protecting consumers and strengthening cybersecurity awareness and responsible digital finance practices in the Philippines.

“We fully support the SEC’s efforts to protect Filipino consumers against fake lending platforms, online impersonation, phishing activities, and unauthorized digital transactions,” the company said in a statement.

“As digital financial services continue to expand, safeguarding consumer trust, personal data, and digital security must remain a shared responsibility among regulators, fintech companies, technology platforms, and the public.”

The company also emphasized that several complaints involving suspicious transactions, collection-related concerns, and alleged harassment were internally verified and found to be unrelated to Copperstone’s official systems and authorized channels.

Copperstone likewise issued a strong public warning against unauthorized individuals and companies falsely claiming affiliation with the company.

In particular, Copperstone clarified that it has NO affiliation, connection, or relationship of any kind with HPR Lending Services, Inc. The company stressed that HPR Lending Services, Inc. is NOT authorized to use Copperstone’s name, address, branding, or any company-related information.

“Their actions are being carried out entirely without our knowledge or consent,” the company stated.

Copperstone also reminded the public that it does NOT and will NEVER solicit money from the public in the form of:

• Investment capital
• Placement fees
• Processing fees
• Upfront payments of any kind

“If anyone approaches you claiming to represent Copperstone Lending Inc. and asks for money, that is a scam,” the company warned.

Copperstone further clarified that:

• All legitimate MocaMoca transactions are conducted only through official authorized platforms
• The official MocaMoca mobile application is available only on Google Play Store
• Consumers are strongly advised to avoid dealing with unverified applications, websites, social media pages, or individuals claiming to represent the company outside official channels

The company encouraged consumers to remain vigilant and verify all communications directly through its official customer support channels.

Copperstone Lending Inc. also reaffirmed its commitment to:

• Strengthening digital security measures
• Enhancing consumer awareness campaigns
• Supporting responsible lending and fintech innovation
• Cooperating with regulators and law enforcement agencies in combating cyber-enabled financial fraud

The SEC likewise reminded financing and lending companies to continuously monitor and protect their digital platforms and immediately report unauthorized use of their identities, trademarks, applications, websites, and social media accounts.

Industry observers note that the rise of fake lending applications, phishing schemes, fraudulent digital financial platforms, and unauthorized entities highlights the growing importance of cybersecurity, consumer education, and stronger collaboration between regulators and responsible fintech companies.

Copperstone Lending Inc. remains committed to working closely with regulators and relevant authorities to help ensure a safer, more transparent, and more secure digital financial ecosystem for Filipinos.

Official Verification Channels

🌐 Website: https://www.copperstoneph.com
📘 Facebook: https://facebook.com/copperstoneph
📧 Email: help@mocamocatech.com

Copperstone Lending Inc. SEC Registration No. 2021050012959-04

via The Philippines Herald