The privacy watchdog has recommended the criminal prosecution of an online lender who harassed and public-shamed borrowers into paying back their debts, more than a year since an investigation was announced.
The National Privacy Commission (NPC) recommended the filing of charges against Fynamics Lending Inc., the operator of the PondoPeso online lending application, for violating the data privacy law. It forwarded its decision and a copy of the case records to the Department of Justice.
NPC said the agency has determined the criminal liability of the company and its board of directors for the unauthorized processing of personal and sensitive information. Fynamics is one of the lend…
Keep on reading: Criminal prosecution of online lender pushed