Man faces charges for bouncing checks

Subscribe Now October 20, 2013 at 11:23am

A MAN is facing charges before the Municipal Trial Court in Cities (MTCC) for allegedly issuing 18 bouncing checks worth P268,920 to a company in 2012.

Charged with violation of the Batas Pambansa Blg. 22, otherwise known as the Anti-Bouncing Check Law, is Jaime Chin of Bajada, Davao City.

Prosecutor Lady Juris Ratunil-Zozobrado found probable cause to charge Chin based on the complaint filed by Lauan Industries Inc. treasurer Juan Bosquit.

Bosquit, in his affidavit, said that Chin issued the first check on March 2, 2012 worth P22,000 with RCBC Savings Bank as the drawee bank.

When Bosquit encashed the check, he wasn't able to do so due to insufficient funds.

Bosquit told Chin to make the check good and the latter then issued the next few checks between March and April of 2012 with RCBC Savings Bank and Veteran's Bank as the drawee banks.

The checks, however, were still rejected as Veteran's Bank declared Chin's account as closed while those from RCBC Savings Bank had insufficient funds.

The complainant then sent a demand letter through lawyer Alexis Blaise Cunanan to the address of the accused telling the latter to pay P268,920 covering all the bounced checks.

The respondent received the letter as affirmed by the sender identified as Jan Brix Naberos.

Upon knowing that the respondent has already received the letter, the complainant kept contacting Chin to arrange for the payment of the said amount.

Chin failed to adhere to the demands of Bosquit thus the filing of the charges.

Source: sunstar.com.ph



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