'Fake' Legacy depositors slapped with estafa charges

Posted at Jan 04 2013 09:32 AM | Updated as of Jan 04 2013 05:32 PM

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The Philippine Deposit Insurance Corporation has filed estafa charges against 88 persons who pretended to be depositors of the failed Legacy banks in order to get almost P100 million in deposit insurance. (ANC Business Nightly, January 3, 2013)