August 3, 2010
AMLC RESOLUTION NO. 070-10
Based on the investigation conducted by the AMLC Secretariat, a series of attempted and successful negotiations involving spurious or altered checks had been committed by a person purporting to be "Ernesto R. Santos", "Rolando S. Santos", or "Leo Santos Reyes". In opening accounts, the said person would use fake identification documents such as driver's license, Senior Citizen ID, Postal ID, Voter's ID and SSS ID. He would declare different dates of birth (14 December 1942; 18 November 1939; 10 February 1942) and use different home addresses (1547 Prudencio St., Sampaloc, Manila; 1477 Prudencio St., Sampaloc, Manila) with different banks. The photographs attached to the IDs and the specimen signatures given by Ernesto R. Santos, Rolando S. Santos, and Leo Santos Reyes are identical.
In order to prevent further proliferation of fraudulent activities using spurious or altered checks by the person purporting to be Ernesto R. Santos, Rolando S. Santos, and/or Leo Santos Reyes, and to avoid similar abuse of the banking services, the Council, pursuant to Section 7 (7) of...
