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Q:

If nothing is concealed or needed to be discovered, when does the prescriptive period commence to run in estafa cases?

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The period of prescription commences to run from the date of the commission of the crime if it is known at the time of its commission. Thus, if there is nothing that was concealed or needed to be discovered, because the entire series of transactions was by public instruments, duly recorded, the crime of estafa committed in connection with said transaction was known to the offended party when it was committed and the period of prescription commenced to run from the date of its commission. more
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