About this document
Estafa Case Review: Ong Acquitted by Jp Beltran is a document available to read on EtoBox.
The Supreme Court acquitted Dick Ong of estafa charges. Ong had deposited several checks into his bank account and withdrew funds against those deposits before the checks cleared. However, the checks were later dishonored due to insufficient funds. While this caused the bank damages, the Court found that the prosecution did not prove Ong knew the checks would bounce. Additionally, the bank had a policy of allowing important clients like Ong to withdraw against uncleared deposits, and bank employees approved
- Author
- Jp Beltran
- Language
- EN