Amendment of Estafa Penalties for Bouncing Checks

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PRESIDENTIAL DECREE NO. 818: Amendment of Estafa Penalties for Bouncing Checks

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Title Source: Supreme Court: Amendment of Estafa Penalties for Bouncing Checks

Law: Presidential Decree No. 818

Decision Date: Oct 22, 1975

Presidential Decree No. 818 amends the Revised Penal Code in the Philippines to address the increase in estafa cases committed through bouncing checks, imposing penalties based on the amount of fraud to protect confidence in negotiable instruments and the banking system.

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