Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Jun 18, 2009estafabreach of trustfiduciary dutyinvestment transactionscriminal lawrevised penal code
Breach of Trust vs Estafa: Delineating Fiduciary Duty in Investment Transactions
When does an investment house's failure to return funds become estafa? The Supreme Court clarifies the line between fiduciary duty and mere debtor-creditor relations.