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If the amount of the fraud does not exceed ₱40,000, the penalty of arresto
mayor in its medium and maximum periods shall be imposed. (2 months and 1 day
to 6 months)
If the amount of the fraud is over ₱40,000 but does not exceed ₱1,200,000, the
penalty of arresto mayor in its maximum period to prisión correccional in its
minimum period shall be imposed. (4 months and 1 day to 2 years and 4 months)
If the amount of the fraud is over ₱1,200,000 but does not exceed ₱2,400,000,
the penalty of prisión correccional in its minimum and medium periods shall be
imposed. (6 months and 1 day to 4 years and 2 months)
If the amount of the fraud is over ₱2,400,000 but does not exceed ₱4,400,000,
the penalty of prisión correccional in its maximum period to prisión mayor in
its minimum period shall be imposed. (4 years, 2 months, and 1 day to 8 years)
If the amount of the fraud exceeds ₱4,400,000, the penalty of prisión mayor in
its minimum period shall be imposed, adding one year for each additional
₱2,000,000; but the total penalty which may be imposed shall not exceed twenty
years. (6 years and 1 day to 8 years)
However, any person who shall defraud another by means of false pretenses or
fraudulent acts under Article 315 paragraph 2(d) of the RPC, to wit: This type
of Estafa shall be punished by:
If the amount of the fraud does not exceed ₱40,000, the penalty of prisión
mayor in its minimum period shall be imposed. (6 years and 1 day to 8 years)
If the amount of the fraud is over ₱40,000 but does not exceed ₱1,200,000, the
penalty of prisión mayor in its medium period shall be imposed. (8 years and 1
day to 10 years)
If the amount of the fraud is over ₱1,200,000 but does not exceed ₱2,400,000,
the penalty of prisión mayor in its maximum period shall be imposed.(10 years
and 1 day to 12 years)
If the amount of the fraud is over ₱2,400,000 but does not exceed ₱4,400,000,
the penalty of reclusion temporal in its minimum and medium periods shall be
imposed. (12 years and 1 day to 17 years and 4 months)
If the amount of fraud is over ₱4,400,000 but does not exceed ₱8,800,000, the
penalty of reclusion temporal in its maximum period shall be imposed. (17 years
and 4 months and 1 day to 20 years)
If the amount exceeds ₱8,800,000, the penalty shall be reclusion perpetua.