Dear PAO,

X issued post-dated checks (PDCs) in my favor, amounting to P4 million, as payment for a certain investment into which we have entered. Subsequently, X asked me not to deposit those PDCs. Instead, P3 million were paid to me in cash on various dates. To my dismay, though, the balance of P1 million still remains unpaid to this day. I tried to deposit four of the PDCs and was informed by the bank that the account has long been closed. So, to me, there was deceit on the part of X. Can I file a complaint for violation of BP 22?

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