HPG alerts banks on employees possibly in cahoots with carnap groups

MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP-HPG) on Wednesday alerted banks to be wary of employees who might be in cahoots with carnapping syndicates.

PNP-HPG director Brig. Gen. Alexander Tagum issued this warning after police found out that some of the stolen vehicles they have previously recovered were acquired through bank loans.

Under the modus called “pasalo” scheme, carnapping syndicates acquire vehicles through bank loans using fictitious names then sell it to unsuspecting buyers at cheaper prices.

“Ang pinagtataka po namin dito, paano po ito nakakalusot sa mahigpit na background check before ka makapag-apply. Mahigpit po dapat ang…

Keep on reading: HPG alerts banks on employees possibly in cahoots with carnap groups

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