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The City Prosecutor of Quezon City has accused Bob of violating BP 22, the Bouncing Check Law, for issuing a check without sufficient funds. The incident occurred on February 25, 2019, when Bob issued a postdated check for a loan of Php 100,000.00, which was dishonored due to insufficient funds, and he failed to comply with a demand for payment after acknowledging it.

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0% found this document useful (0 votes)
1 views1 page

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The City Prosecutor of Quezon City has accused Bob of violating BP 22, the Bouncing Check Law, for issuing a check without sufficient funds. The incident occurred on February 25, 2019, when Bob issued a postdated check for a loan of Php 100,000.00, which was dishonored due to insufficient funds, and he failed to comply with a demand for payment after acknowledging it.

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lessej.dimapilis
Copyright
© © All Rights Reserved
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INFORMATION

The undersigned City Prosecutor of Quezon City, hereby accuses Bob


for the violation of BP 22 or Bouncing Check Law, an act penalizing the
making or drawing and issuance of a check without sufficient funds or
credit and for other purposes, committed as follows:
“That on or about February 25, 2019, in the City of Quezon, Manila,
Philippines, and within the jurisdiction of this Honorable Court, the
accused Bob, made, drew, issued in favor and delivered to Edward in
the latter’s resident at No. 112 Maria Orosa St., Ermita, Manila, CBC
Savings Bank Check No. 32710 postdated August 25, 2019, to ensure
payment of obligation of loan amounting to Php 100,000.00 plus
interest. Said instrument was dishonored due to “Drawn Against
Insufficient Funds” (DAIF) when presented for payment on its due
date. Demand letter was sent to accused to pay the face value on
check, but despite acknowledging it, he did not comply. Violation of BP
22 or Bouncing Check Law is Malum Prohibitum”

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