Filipino expats in the UAE are being warned to double check where they're investing their money.
The country's embassy has issued a public advisory against more than 30 firms that they say are illegally soliciting funds.
According to the warning, the companies are not licensed or authorised to handle money and help resident invest.
People who invite or recruit others to join and invest can also be criminally liable.

H.H. Sheikh Hamdan awards Arab Hope Makers
UAE looks into framework to regulate children's social media use
UAE Ramadan moon-sighting committee to meet on Tuesday
RTA opens second bridge at Al Qudra intersection
Abu Dhabi identifies over 40 modern heritage sites
Distribution of aid from UAE's Saqr Humanitarian Ship begins in Gaza
Dubai to expand bus and taxi lanes as public transport ridership grows by 7.4%
Emir of Qatar welcomed by UAE President on visit to Abu Dhabi
UAE, Egypt Foreign Ministers discuss Gaza peace plan
UAE, Pakistan leaders discuss boosting economic ties
UAE, Bosnia FMs discuss strengthening bilateral relations
H.H. Sheikh Mohammed launches campaign to rescue 5 million children from hunger
Dubai advances measures to support people of determination
Abu Dhabi Crown Prince to lead UAE delegation at AI Impact Summit in India
Over 14 million Captagon pills, hidden in grain sacks, seized in UAE–Kuwait operation
Remote learning on Fridays during Ramadan for UAE public schools
UAE clarifies enrollment rules for British curriculum schools
UAE announces temporary road closures in Al Dhaid
Umm Al Emarat aid ship sets sail for Gaza Strip
UAE announces Ramadan working hours for private sector
