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RSA warns public vs fake investment ads, urges action

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San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang has issued a fresh warning to the public about the spread of fake videos and online ads that falsely use his name and image to promote fraudulent investment schemes.

Many of these videos appear as paid ads on Facebook, Instagram, and other social media platforms. Some are made to look like real news reports—featuring well-known media personalities, interviews, or even the logos of legitimate news outlets. These scams use advanced technology like deep fakes to mislead people.

“These fraudulent ads are harming a lot of people,” Ang said. “We need to put a stop to them. I’m calling on government agencies, social media companies, and the public to work together to stop those behind these scams and prevent others from getting victimized.”

He emphasized: “Please don’t fall for these. I am not endorsing any investment schemes. I do not promote, support, or take part in any kind of online investment offer.”

Ang clarified that he has only one official Facebook page, which is verified with a blue check. Any other account or ad claiming to be him—especially those involving money or investments—is fake and should be reported right away.

To help protect the public, SMC has been coordinating with authorities to track down those responsible. Ang added that they are also looking into legal action, and are ready to support investigations and possible prosecution of those behind the scams.

He also urged Meta and other platform owners to strengthen their approval processes for paid ads—especially those using the names and faces of public figures without permission. “These tech platforms have the tools to stop this. We’re asking them to do more to protect users,” he said.

Finally, Ang called on the public to stay alert online: “Don’t click, share, or engage with suspicious ads. If you see fake posts or videos pretending to be me—or promoting fake investments—report them right away using the platform’s ‘Report’ button.”

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