1. Concept Other deceits – refers to the crime of deceit other than those in the Articles 315 to 317 of the RPC. a. Legal basis Art. 318. Other deceits. – The penalty of arresto mayor and a fine of not less than the amount of the damage caused and not more than twice such…
1. Concept Swindling a minor – under the Revised Penal Code, refers to the crime of committing fraud against a minor under the Revised Penal Code. a. Legal basis Article 317. Swindling a minor. – Any person who taking advantage of the inexperience or emotions or feelings of a minor, to his detriment, shall induce…
1. Concept Other forms of swindling –under the Revised Penal Code, refers to specific forms of swindling under Article 316. a. Legal basis Article 316. Other forms of swindling. – The penalty of arresto mayor in its minimum and medium period and a fine of not less than the value of the damage caused and…
1. Crime Swindling by a syndicate: Swindling (estafa) by syndicate is committed by a syndicate consisting of five or more persons formed with the intention of carrying out the unlawful or illegal act, transaction, enterprise or scheme, and the defraudation results in the misappropriation of money contributed by stockholders, or members of rural banks, cooperative,…