Title
People vs. Resuello
Case
G.R. No. L-30165
Decision Date
Feb 23, 1971
Defendants misappropriated P800.00 deposited by plaintiff, claiming it was a loan. Supreme Court ruled it was a deposit, constituting estafa, reversing dismissal.

Case Summary (G.R. No. L-30165)

Key Dates

The original order by the Court of First Instance was issued on October 10, 1968, which dismissed the case and directed the cancellation of Resuello's bond for temporary release.

Applicable Law

The decision primarily explores the provisions of the Revised Penal Code concerning estafa, particularly Articles 315 and 1980 of the Civil Code, in addition to implications under Republic Acts No. 265 and 337 concerning banking operations.

Overview of the Case

The prosecution charged Resuello and co-defendants with estafa for allegedly receiving a deposit of P800 from Florentina G. Limpin and failing to return the funds upon demand. The Court of First Instance dismissed the charges, concluding that the transaction constituted a simple loan rather than criminal activity, asserting that the alleged fraud merely gave rise to a civil action.

Argument for Dismissal

In its order, the lower court argued that the nature of the transaction was governed by Article 1980 of the Civil Code, which classifies fixed, savings, and current deposits in financial institutions as simple loans. It stated that any fraud involved could lead to civil liability but not criminal liability for estafa.

Appeal by the Prosecution

The prosecution contested the lower court's ruling, asserting that the court mischaracterized the transaction as a simple loan. They argued that the relationship between Limpin and Resuello was not merely that of creditor and debtor but involved elements of deceit and fraud that amounted to the crime of estafa.

Court's Analysis

Upon reviewing the case, the higher court found that the information alleged a direct obligation on the part of Resuello and his co-defendants to return the money received from Limpin. The allegations clearly defined the transaction as one where the accused misappropriated the funds for personal gain, thus constituting estafa as defined by the Revised Penal Code.

Clarification on Banking Violations

The court acknowledged that while the Security Credit and Acceptance Corporation, which Resuello managed, possibly violated regulations under Republic Acts 265 and 337 by operating without the necessary banking authority, this did not absolve Resuello of liability under the Revised Penal Code for the crime of

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