LTO-Central Visayas files multiple charges against 2 motorcycle dealers for alleged fraudulent activities

CEBU CITY — Multiple charges were filed against motorcycle dealers for alleged fraudulent activities.

The charges were filed by Victor Emmanuel Caindec, chief of the Land Transportation Office-Central Visayas (LTO-7), before the Prosecutor’s Offices of Mandaue City and Cebu City.

Caindec filed the charges a few days after LTO Chief Assistant Secretary Jose Arturo Tugade reminded motorcycle dealers of the processing time for registration of every unit sold.

Caindec filed a total of 13 charges against the owners and corporate officers of Des Marketing and Du Ek Sam.

Named respondents were Marvin Ken Du, Ryan Lim, Iwih Jane Du, Louise Camille Lumapas, Henry Batalan, and Aldren Acosta.

Caindec accused the respondents of violating Section 4 of Republic Act 11235 or also known as the Motorcycle Crime Prevention Act for failing to process the registration of sold motorcycles on time.

Caindec cited the Implementing Rules and Regulations of Section 4 of RA 11235 that states that the initial registration of a motorcycle shall be made with the LTO by the owner or the dealer, if authorized by the former, within five days from the date of the sales invoice for brand new locally purchased motorcycles, or from the Certificate of Stock Reported (CSR) report date for new or used imported motorcycles.

Under the law, failure of the owner to register within five days from the acquisition of ownership, or to immediately report its sale or disposition, shall subject the owner to a penalty of imprisonment or ‘arresto mayor to prision correccional.’

A fine of not less than P20,000 but not more than P50,000.00 or both shall be slapped those found guilty of violating the law.