Back

Pacheco and Pacheco vs Hon CA and PEOPLE

ERNESTO T. PACHECO and VIRGINIA O. PACHECO, petitioners vs. HON. COURT OF APPEALS and PEOPLE OF THE PHILIPPINES, respondents.

G.R. No. 126670 | 1999-12-02

D E C I S I O N


YNARES-SANTIAGO, J.:

Petitioner spouses are engaged in the construction business. Complainant Romualdo Vicencio was a former Judge and his wife, Luz Vicencio, owns a pawnshop in Samar. On May 17, 1989, due to financial difficulties arising from the repeated delays in the payment of their receivables for the construction projects from the DPWH,1 [Department of Public Works and Highways.] petitioners were constrained to obtain a loan of P10,000.00 from Mrs. Vicencio. The latter acceded. Instead of merely requiring a note of indebtedness, however, her husband Mr. Vicencio required petitioners to issue an undated check as...