Seventeen Pampanga public school teachers say scammers promise attractive returns but leave victims in debt with their vehicles missing
PAMPANGA, Philippines – The Department of Education on Wednesday, October 4, issued an advisory about a “car loan scam” victimizing public school teachers in Pampanga province.
The teachers filed complaints with the Office of the Provincial Prosecutor in Bataan, Quezon City, and San Jose Del Monte, Bulacan for violations of Republic Act 10883 or the New Anti-Carnapping Law of 2016, Article 315 and 316 under the Revised Penal Code, and falsification of documents. Maninang said she belated learned via a phone call on April 21 that EastWest Bank approved her supposed car loan. Two days later, her co-teacher asked her to open an account with the bank to process the loan. As Maninang already had an existing account with the bank, she was told to forward the details.
“However, the representative replied that as per their system, the unit was released under my name,” part of her affidavit read. She alleged that her husband’s signature was also forged. Under the law, the spouse has to agree to financial transactions. In a mix of Tagalog and English he said, “I have no comment. Just ask other agents. We have documents on our 300 clients and only the Arayat ones are complaining.”Maninang said the prosecutor’s office called for a hearing on September 25 and October 3 but Alvarado did not appear.
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