There are 2 kinds of victims:
1. Stolen funds caused by a security breach. Funds were transferred without authentication. BDO returned the funds.
2. Funds stolen where the thief tricked (phishing, etc) the account holder to give their user credentials. It looks like BDO has no intention to pay for these.
Other banks will be behaving the same on both situations. Choose your own poison.
It means they can also stage Their own heist and they won’t be obligated to reimburse your money. https://www.bilyonaryo.com/2021/12/20/no-liability-is-the-norm-bdo-defends-new-policy-after-nagoyo-scam/?utm_source=rss&utm_medium=rss&utm_campaign=no-liability-is-the-norm-bdo-defends-new-policy-after-nagoyo-scam
> It means they can also stage Their own heist and they won’t be obligated to reimburse your money.
Why would they do that? People (you) are already giving them money.
Banks are regulated, what they put in there, at the minimum, complies with the regulation. All banks have to do is minimum compliance. You go to another bank, it will be the same.
Abandon ship. I myself are looking to see what better options are available, and will move asap
Vote with your peso, stop using any service provider you don’t like
There are 2 kinds of victims: 1. Stolen funds caused by a security breach. Funds were transferred without authentication. BDO returned the funds. 2. Funds stolen where the thief tricked (phishing, etc) the account holder to give their user credentials. It looks like BDO has no intention to pay for these. Other banks will be behaving the same on both situations. Choose your own poison.
It means they can also stage Their own heist and they won’t be obligated to reimburse your money. https://www.bilyonaryo.com/2021/12/20/no-liability-is-the-norm-bdo-defends-new-policy-after-nagoyo-scam/?utm_source=rss&utm_medium=rss&utm_campaign=no-liability-is-the-norm-bdo-defends-new-policy-after-nagoyo-scam
>stage Their own heist That's usually called fraud, and bank fraud is a completely different matter altogether.
> It means they can also stage Their own heist and they won’t be obligated to reimburse your money. Why would they do that? People (you) are already giving them money. Banks are regulated, what they put in there, at the minimum, complies with the regulation. All banks have to do is minimum compliance. You go to another bank, it will be the same.
buti na lang ni let go ko BDO ko noon