Philippines Anti-Cybercrime Police Groupe MOST WANTED PEOPLE List!
#1 Mick Jerold Dela CruzPresent Address: 1989 C. Pavia St. Tondo, Manila If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#2 Gremelyn NemucoPresent Address; One Rockwell, Makati City
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#3 Vinna VargasAddress: Imus, Cavite
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#4 Ivan Dela CruzPresent Address: Imus, Cavite
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#5 Elton DanaoPermanent Address: 2026 Leveriza, Fourth Pasay, Manila
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#6 Virgelito DadaPresent Address: Grass Residences, Quezon City
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#7 John Christopher SalazarPermanent address: Rivergreen City Residences, Sta. Ana, Manila
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#8 Xanty Octavo
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline:
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#9 Daniel BocoAddress: Imus, Cavite
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline:
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#10 James Gonzalo TulabotPermanent Address: Blk. 4 Lot 30, Daisy St. Lancaster Residences, Alapaan II-A, Imus, Cavite
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#11 Lea Jeanee Belleza
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
#12 Juan Sonny Belleza
If you have any information about that person please call to Anti-Cybercrime Department Police of Philippines: Contact Numbers: Complaint Action Center / Hotline: |
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Receiving and testing a cutoff bank statement. Footing the outstanding checks list and the list of deposits in transit. Examining the minutes of the board of directors for restrictions on the use of cash. Hat the bank is responsible for such unauthorized withdrawals. The court is not impressed with the defense put up by the bank. Its contention that the withdrawals were authorized by the plaintiff because there was an arrangement between the bank represented by its Asst. Firstly, the court is not satisfied that there stole my money was indeed such an arrangement. It is Mr. Bal’s contention that such an arrangement although not ordinarily entered into is still a legal procedure of the bank and is resorted to accommodate the depositors’ specially honored and valued depositor at that. There is no reason to disturb the trial court’s finding of petitioner bank’s employees’ negligence in their treatment of respondent Pike’s account. In the case on hand, the Court of Appeals sustained, and rightly so, that an award of moral damages is warranted.
While the funds were used for purposes of the International Baptist Church and the International Baptist Academy, it must be noted that the Current Account is in the name of Buenaventura, et al. They are the signatories of the check which was dishonored by BPI-FB upon presentment and the ones who will be held accountable for the nonpayment or dishonor of any check they issued. Thus, they are the real parties-in-interest to enforce the terms of the contract of deposit with BPI-FB. V. The Honorable Court of Appeals committed a grave abuse of discretion in NOT upholding the position of BPI-FB on the freezing of respondents’ current account when it held that there was no clear proof of any involvement by the respondents with the alleged irregularities attending the fund transfer from FMIC to Tevesteco. The CA also found unmeritorious BPI-FB’s claim that Buenaventura, et al. have no cause of action since the International Baptist Academy is the real party-in-interest. It held that since it is undisputed that it is the Current Account of Buenaventura, et al. which was frozen and closed by BPI-FB, then the former are the parties-in-interest in the reopening of the said account. It found no error in the Manila RTC’s order that BPI-FB pay the amount of ₱490,328.50 plus interest directly to Buenaventura, et al. since the reinstatement of the Current Account would mean the same thing as the payment of the balance; Buenaventura, et al. would necessarily have the right to withdraw their deposit if and when they see it fit. Furthermore, the CA held that the RTC’s disposition falls under the general prayer of Buenaventura, et al. for such other reliefs as may be just and equitable under the attendant circumstances. 2) respondent Pike in fact executed a waiver absolving petitioner bank from any legal responsibility due to the unauthorized withdrawals, as maintained by petitioner bank, or the paragraph containing said waiver was intercalated by some other person, thus, amounting no waiver at all, as held by the courts a quo.
- Reimbursement occurs twice each week.
- In its desire to be exonerated from liability, appellant advances the argument that, granting negligence on its part, appellee condoned this negligence as shown in his letter dated May 6, 1993, wherein appellee purportedly undertook, not to hold the bank and its officers responsible for the unauthorized withdrawals from his account.
- Which of the following cycles does not affect cash in bank?
- Which of the following would normally not be discovered as part of the audit of the bank reconciliation?
- Auditors obtain bank confirmations at their discretion.
- Plus, the fact that said respondent withdrew the remaining balance in his US Savings Account and executed a waiver releasing petitioner PNB from any liability due to the loss of the funds should rightly negate a finding of negligence on its part.
Checks written for incorrect amounts. As to the sixth ground, BPI-FB points out that Buenaventura, et al. originally prayed in the alternative for the reinstatement of their Current Account or for payment of the balance remaining in said account but they subsequently chose to delete that portion praying for the payment of the balance of their account. It submits that Buenaventura, et al. deliberately did this to sidestep the other pending case filed against the suspected perpetrators of the fraud, including Amado Franco and Buenaventura, before RTC, Branch 146, Makati. The parents of the female seduced, abducted, raped, or abused, referred to in No. 3 of this article, may also recover moral damages. The award for exemplary damages is likewise reduced to P20,000.00.
UniversityPolytechnic University of the Philippines
30 The provisions of the New Civil Code on simple loan govern the contract between a bank and its depositor. On April 26, 1993, Atty. Nathaniel Ifurung who claims to be plaintiff’s counsel sent a demand letter to VP Violeta T. Suquila demanding the bank to credit back the amount of US$7,500.00 which were withdrawn on March 31, 1993 and April 5, 1993, because his client’s signatures were forged and the withdrawal made thereon were unauthorized. A 6.
On July 2, 1993, Plaintiff’s counsel sent a letter to PNB Vice Pres. Suquila denying that his client made any such promise not to hold responsible the bank and its officers for the withdrawal made … . On the same day May 6, 1993 Plaintiff Norman Y. Pike was allowed by defendant bank to withdraw the remaining balance from his passbook … . E 4. The primary bank account for most organizations. Which of the following cycles does not affect cash in bank? Capital acquisitions cycle. Inventory and warehousing. Payroll and personnel cycle.
Audit Cash MC Answers
I. The Honorable Court of Appeals committed a reversible error in holding that the respondents are the real parties-in-interest in this case contrary to the admissions of respondents themselves that it is the International Baptist Academy who is the owner of the funds in question and hence it is and out to be the real party in interest in this case. From the foregoing, the evidence clearly showed that the petitioner bank did not exercise the degree of diligence that it ought to have exercised in dealing with their clients. Finding no other alternative but to affirm their finding that petitioner PNB negligently allowed the unauthorized withdrawals subject of the case at bar, the instant petition for review must necessarily fail. Discuss the circumstances in which an auditor would prepare a proof of cash. Which of the following is the focus of an audit of cash for most companies? General cash account.
Payroll cash account. Petty cash account. Money market account. Anent the first and second grounds, BPI-FB maintains that the complaint should have been dismissed for lack of cause of action because Buenaventura et al. admit that the International Baptist Academy is the owner of the funds in question and therefore the real party-in-interest to prosecute the action. I also promise not to hold responsible the bank and its officers for the withdrawal made on my dollar savings passbook on March 19 and April 5, 1993 respectively as a result of the lost of my passbook. J 2. A form approved by the AICPA and American Bankers’ Association through which the bank responds to the auditor about bank balance and loan information. G 1. A fund of cash maintained within the company for small cash acquisitions , expenses, or to cash employees’ checks. D b.
Checks issued to invalid vendors. Fraudulent checks. Checks recorded by the books for an amount different than the check. A proof of cash is effective at identifying which of the following misstatements?
Explain the purpose of testing the client’s bank reconciliation, and discuss the major audit procedures involved. The court cannot also understand why the bank did not require the correct, proper and the usual procedure of requiring a depositor who is withdrawing the money through a representative to fill up the back portion of the withdrawal slips, which form was issued by the bank itself. The test of details of balances procedure that requires the auditor to foot the outstanding check list and deposits in transit is an attempt to satisfy which audit objective? Cutoff. Presentation and disclosure. Detail tie-in. Completeness.
Reimbursement vouchers are not prenumbered. The custodian occasionally uses the cash fund to cash employee checks. They submit that BPI-FB acted in a wanton, reckless, oppressive and malevolent manner in freezing, and subsequently closing, their account without prior notification. They insist that BPI-FB failed in its obligation, as an entity engaged in business affected with public interest, to treat the accounts of its depositors with meticulous care, having in mind the fiduciary nature of their relationship.
All recorded cash receipts were deposited. All amounts that were paid by the bank were recorded. Some checks were written for incorrect amounts. Anent the issue of the propriety of the award of damages in this case, petitioner PNB asseverates that there was no evidence to prove that respondent Pike “suffered anguish, embarrassment and mental sufferings”32 due to its acts in allowing the alleged unauthorized withdrawals. And, having relied on the instructions of a valued depositor, petitioner PNB likewise avers that its actions were made in good faith, for this reason, there is no factual basis for said award. Year-end. Preparing, from the cash disbursements records, a summary of bank transfers for one week prior to and subsequent to year-end. Comparing the detail of cash receipts as shown by the client’s cash receipts records with the detail on the confirmed duplicate deposit tickets for three days prior to and subsequent to year-end.
Assuming the forgery claim of FMIC is true and correct, the amount transferred from FMIC’s account to Tevesteco’s account is the money of BPI-FB under the principle that a bank is deemed to have disbursed its own funds. It submits that as an original owner who is restored in possession of stolen property, it has a better right over such property than a mere transferee no matter how innocent the latter may be. 12 According to petitioner PNB’s AVP Lorenzo T. Bal, respondent Pike gave verbal instructions to allow the latter’s representative, namely “Joy Manuel Davasol,” to be able to withdraw from said US $ Savings Account by presenting a pre-signed withdrawal slip. The courts a quo are in a much better position to evaluate properly the evidence. A letter dated May 18, 1993 was sent to Plaintiff’s counsel … by PNB … stating that the Bank regrets that it cannot accede to such request inasmuch as the Bank exercised due diligence of a good father to his family in the handling of transactions covering the deposit account of Mr. Pike … . C 3. Excess cash invested in short-term, highly liquid investments such as time deposits, certificates of deposit, and money market funds. Discuss two analytical procedures commonly performed during the audit of the cash account.
Which of the following misstatements is most likely to be uncovered during an audit of a client’s bank reconciliation? Duplicate payment of a vendor’s invoice. Billing a customer at a lower price than indicated by company policy. Failure to record a collection of a note receivable by the bank on the client’s behalf. Payment to an employee for more than the hours actually worked. The court compared the signatures in the questioned withdrawal slips with the known signatures of the depositor and is convinced that the signatures in the unauthorized withdrawal slips do not correspond to the true signatures of the depositor. Explain what is meant by a cutoff bank statement, and discuss the purpose of the cutoff bank statement in the audit of cash. Under which of the following circumstances would an auditor be most likely to intensify an examination of a $500 imprest petty cash fund? Reimbursement occurs twice each week. The custodian endorses reimbursement checks.
Bank personnel are responsible for providing reasonable assurance that a response to a bank confirmation is accurate. Bank personnel are responsible for providing complete assurance that a bank confirmation is complete. Bank personnel are not responsible for searching their records for bank balances or loans beyond those included on the bank confirmation. Bank personnel are not responsible for providing information related to interest on the bank confirmation. Needless to stress, the contract between a bank and its depositor is governed by the provisions of the Civil Code on simple loan.20 Thus, there is a debtor-creditor relationship between a bank and its depositor. The bank is the debtor and the depositor is the creditor. The depositor lends the bank money and the bank agrees to pay the depositor on demand. The savings or current deposit agreement between the bank and the depositor is the contract that determines the rights and obligations of the parties. Unlawful transfer of funds from the account of FMIC to Tevesteco and disallow any withdrawal therefrom to allegedly protect its interest. From the same because of the forgery claim of FMIC.
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Pursuant to Article VIII, Section 13 of the Constitution, and the Division Chairman’s Attestation, it is hereby certified that the conclusions in the above Decision were reached in consultation before the case was assigned to the writer of the opinion of the Court’s Division. I attest that the conclusions in the above Decision were reached in consultation before the case was assigned to the writer of the opinion of the Court’s Division. Are questions of fact and not of law. Inexorably, these issues call for an inquiry into the facts and evidence on record. This, as we have so often held, we cannot do. The case stemmed from a complaint4 filed by herein respondent Pike for damages5 against Philippine National Bank on 04 January 1994.
- For, as found by said appellate court, citing the case of Prudential Bank v. Court of Appeals,41 “the bank’s negligence is a result of lack of due care and caution required of managers and employees of a firm engaged in so sensitive and demanding business, as banking, hence, the award of ₱20,000.00 as moral damages, is proper.
- It submits that Buenaventura, et al. deliberately did this to sidestep the other pending case filed against the suspected perpetrators of the fraud, including Amado Franco and Buenaventura, before RTC, Branch 146, Makati.
- Hat the bank is responsible for such unauthorized withdrawals.
- The award of exemplary damages is also proper as a warning to petitioner PNB and all concerned not to recklessly disregard their obligation to exercise the highest and strictest diligence in serving their depositors.
Acquisitions and disbursements. III. The Honorable Court of Appeals committed a reversible error in NOT holding, based on a misapprehension of facts that BPI-FB is entitled to freeze respondents’ account and to disallow any withdrawal therefrom as a measure to protect its interest. II. The Honorable Court of Appeals committed a grave abuse of discretion in not dismissing respondent’s complaint for lack of cause of action. Before us are two consolidated petitions for review on certiorari under Rule 45 of the Rules of Court assailing the Decision1 of the Court of Appeals dated November 27, 2000 in CA-G.R. CV No. 53962, which affirmed with modification the Decision dated August 11, 1995 of the Regional Trial Court, Branch 25, Manila ; and the CA Resolution dated May 3, 2001, which denied the parties’ separate motions for reconsideration. 17 Question of law has been defined as one that does not call for any examination of the probative value of the evidence presented by the parties. Pursuant to Section 13, Article VIII of the Constitution, and the Division Chairman’s Attestation, it is hereby certified that the conclusions in the above Decision were reached in consultation before the case was assigned to the writer of the opinion of the Court’s Division.
