Maria Victoria Lopez, Under Arrest, Fraudulent Loans

Maria Victoria Lopez, Under Arrest, Fraudulent Loans Maria Victoria was Arrested The National Bureau of Investigation (NBI) personnel arrested an entrepreneur Maria Victoria Lopez in the entrapment operation of Metrobank. The second largest bank in the Philippines, due to P1.75 billion worth of fraudulent loans.

The NBI filed a press conference yesterday with the arrest of Maria Victoria Lopez “Marivic� S. Lopez, head of Metrobank Corporate Service Management and Quezon City.

Maria Victoria Lopez As a top executive, Lopez earns over P250,000 a month. He also has a 30 -year working relationship with the bank.

According to NBI spokesman Ferdinand Lavin, 53-year-old bank executive arrested on Tuesday (July 18) in an entrapment operation in Makati City. Whil e attempting to transfer the stolen money to an unspecified personal account.

Atty learned that Irvin Garcia, head of the NBI’s Anti -Fraud Division, entrapment operation after the bank complained about the discovery of anomalies on July 13, 2017.

Bank Loan He said the corporation had a bank loan of P25 billion, where the suspect was able to insert a P900 million and P850 million fake loans.

The suspect allegedly manipulated such transactions because he was in charge of the bank banks corporate clients.

Lopez allegedly approved the reduction of P2.250 million in corporate savings account for his fraudulent loans Metrobank that signed by Lopez has issued by the NBI’s debit memo.

Lopez did not know that before he arrested and made instructions to debit his client’s savings account. Metrobank confirmed the alleged fake loan transactions and announced that they had no such deal.

“If the transaction went through that transaction, it would go into its accounts.

With him going to P2.250 million, it does not make sens e of the company’s transaction volume right away, “Lavin said.

Violation of Bank Laws Lopez charged with a qualified theft, falsification, and violation of the General Banking Law in the Makati Prosecutor’s Office. There is no recommended bail for his temporary freedom.

The NBI investigations continued to determine if Lopez had other anomalies in his bank where he used his position and trust in the bank.

Lavin assured that all RBIs are taking steps to protect the bank’s clients’ money.Meanwhile, Metrobank also ensured that no bank customers affected by what Lopez did.

“In the context of the bank’s financial resources of 1.9 trillion pesos, he assured us that we were working regularly for the bank and our customers,” said Metrobank.

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processing company whose fraudulent loans was withdrawn from credit lines at Metrobank.

“We thank the Chairman of Metrobank Fabian Dee for his advice on this unlucky development. Its certainty that the incident will not financially affect the RCU,” the URC said.

Governor of Bangko Sentral np Pilipinas (GNP), Nestor Espenilla, convinced that Metrobank could overcome them.

“Banks have controls to mitigate and prevent such things,” Espenilla said.

However, he said, “We have to analyze the relevance of these controls when a significant crime has occurred.”