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BPI Family Bank Vs. Amado Franco, et al

BPI FAMILY BANK, Petitioner, versus AMADO FRANCO and COURT OF APPEALS, Respondents.

G.R. No. 123498 | 2007-11-23

DECISION


NACHURA, J.:

Banks are exhorted to treat the accounts of their depositors with meticulous care and utmost fidelity. We reiterate this exhortation in the case at bench.

Before us is a Petition for Review on Certiorari seeking the reversal of the Court of Appeals (CA) Decision[1] in CA-G.R. CV No. 43424 which affirmed with modification the judgment[2] of the Regional Trial Court, Branch 55, Manila (Manila RTC), in Civil Case No. 90-53295.

This case has its genesis in an ostensible fraud perpetrated on the petitioner BPI Family Bank (BPI-FB) allegedly by respondent Amado Franco (Franco) in conspiracy with other...