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What is Ong vs. Court of Appeals: Estafa Case about?

The Supreme Court of the Philippines reviewed the conviction of Edward Ong for two counts of estafa under the Trust Receipts Law. [1] Ong executed two trust receipts on behalf of his company acknowledging receipt of goods valued at over P2 million from Solidbank Corporation, with an obligation to account for the goods or proceeds. [2] When the trust receipts became due, Ong failed to pay or return the goods despite demands. [3] The Court of Appeals affirmed Ong

Author

Jade Coritana

Language

EN