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Citybank Negligence in Fraud Case by Xirkul Tupas is a document available to read on EtoBox.

1) Citybank allowed an impostor to prematurely terminate a time deposit account belonging to Luis and Carmelita Cabamongan. There were several red flags ignored during the transaction, including discrepancies in signatures and lack of proper documentation. 2) An investigation later revealed the signatures provided by the impostor were forged. Citybank failed to properly verify the signatures against those on file. 3) The court ruled Citybank was negligent in its handling of the transaction. As a banking i

Author

Xirkul Tupas

Language

EN