Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

Another person's bank acct used to siphon money from an institution

Go down  Message [Page 1 of 1]

warp214


Arresto Menor
Hi everyone, here's the case:

Friends X an Y are facing possible estafa case filed by a bank. X used to work as the asst. bank manager. She asked Y, to fill out an application form for a checking acct in her bank. Y filled it out and affixed his signature. No questions asked because Y trusted X so much.

Everytime X wants to withdraw, she made Y sign a blank check. Y never checked the transactions & activities under his account. He had full trust on X. This happened for a year.

Now came the time when X revealed to Y that she actually used Y's acct to siphon money from the bank where she works. Y has no knowledge. His only involvement is agreeing to use his name to open an acct. & affixing his signatures in the docs and in the checks.

Now they are waiting for a possible estafa case from the bank, though the bank is not yet sure what criminal case to file.


Question:
Is Y criminally liable?

View user profile

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum