RA 8484 Simplified

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What RA 8484 is talking about :

Section 3. Definition of Terms.

(b) Counterfeit Access Device
(c) Unauthorized Access Device
(d) Access Device Fraudulently Applied for
(g) Device Making or Altering Equipment

Why, it is actually talking about faking cards! After faking a card, one uses it.
then,disappears.

Thus:

Section 9. Prohibited Acts.
(j)obtaining money or anything of value through the use of an access device, with intent to defraud or with intent to gain and fleeing thereafter;

What are the indications that you got that motive?

Section 14. Presumption and Prima Facie Evidence of Intent to Defraud:

A cardholder who abandons or surreptitiously leaves the place of employment, business or residence stated in his application or credit card:

a.without informing the credit card company of the place where he could actually be found
b.if at the time of such abandonment or surreptitious leaving, the outstanding and unpaid balance is
-past due for at least ninety (90) days and
-is more than Ten thousand pesos (P10,000.00)

shall be prima facie presumed to have used his credit card with intent to defraud.

What is abandonment or surreptitious leaving? Basa.

Abandonment is that to which a person has voluntarily relinquished possession without vesting ownership to any other person. Umalis ng walang paalam.

leaving surrept.. what? kinda tongue twister here. basa.

adj. - Conducted with or marked by hidden aims or methods; Marked by quiet and caution and secrecy.

Why would he do that?
Because in the first place, he faked his cards!

Now, go tell that to Mr. Collector.

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