Accused draws check against UNCOLLECTED deposits; ACQUITTED

Uncollected deposits are not the same as insufficient funds. The prima facie presumption of deceit arises only when a check has been dishonored for lack or insufficiency of funds. Notably, the law speaks of insufficiency of funds but not of uncollected deposits. (Dy vs. People, G.R. No. 158312, 14 November 2008)

Popular Posts