This case has been cited 2 times or more.
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2010-04-23 |
VELASCO JR., J. |
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| b. By misappropriating or converting, to the prejudice of another, money, goods, or any other personal property received by the offender in trust or on commission, or for administration, or under any other obligation involving the duty to make delivery of or to return the same, even though such obligation be totally or partially guaranteed by a bond; or by denying having received such money, goods, or other property x x x.[11] | |||||
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2008-08-26 |
CHICO-NAZARIO, J. |
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| Further, during the private complainant's testimony before the court a quo, she never failed to state that the only consideration for lending the subject money to the petitioner was their friendship. The private complainant bestowed her trust on the petitioner because of the said friendship. Indeed, the money was given to the petitioner by the private complainant without any interest at all. Thus, there exists a fiduciary relationship between the petitioner and the private complainant which is an essential element of estafa by misappropriation or conversion.[44] | |||||