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Senate bill imposes prison term, P5-M fine for e-wallet thieves

Senate bill imposes prison term, P5-M fine for e-wallet thieves
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Senators push jail for e-wallet hackers

Sen. Jinggoy Estrada is seeking the imposition of a jail term and fine of up to P5 million on cyber criminals in his Senate Bill 2171, the proposed Bank Accounts, Electronic Wallets and Other Financial Accounts Regulation Act.

P5 million fine, imprisonment vs cyber criminals proposed

After reports of alleged cybertheft attempts on the users of e-wallet GCash this week, a senator has proposed imposing penalties to the tune of P5 million and imprisonment against those behind similar cybercrime schemes.

Senators push jail for e-wallet hackers

Sen. Jinggoy Estrada is seeking the imposition of a jail term and fine of up to P5 million on cyber criminals in his Senate Bill 2171, the proposed Bank Accounts, Electronic Wallets and Other Financial Accounts Regulation Act.

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