This case has been cited 1 times or more.
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2015-01-14 |
PERLAS-BERNABE, J. |
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| Thus, the elements of Syndicated Estafa are: (a) Estafa or other forms of swindling, as defined in Articles 315 and 316 of the RPC,, is committed; (b) the Estafa or swindling is committed by a syndicate of five (5) or more persons; and (c) defraudation results in the misappropriation of moneys contributed by stockholders, or members of rural banks, cooperative, "samahang nayon(s)," or farmers' associations, or of funds solicited by corporations/associations from the general public.[42] | |||||