THE Taguig City Prosecutor’s Office has indicted Nicko Falcis, Kris Aquino’s former business partner, for estafa and fraudulent use of access device.
This was after government prosecutors found prima facie evidence to charge Falcis with estafa through misappropriation and conversion under Art. 315 par. 1(b) of the Revised Penal Code, and violation of section 9(j) of Republic Act No. 8484 or the Access Devices Regulation Act of 1998.
Records showed Falcis was accused of unauthorized purchase of some P63,000 in various establishments in Taguig from June to August 2018 using the credit card entrusted to him by Aquino’s firm, Kristina C. Aquino Productions (KCAP).
“Although the credit card was issued under his name, it cannot be denied that the corporate credit card was issued through KCAP and upon the authorization of Aquino herself. And the same was entrusted to him to be utilized solely for the purpose of payment of KCAP-related expenses,” the 10-page resolution said.
Recently, the Makati Prosecutor’s Office dismissed a similar credit card fraud complaint Aquino filed against Nicko Falcis.
Aquino filed strings of cases against Falcis in several cities. The one Makati resolved involves 13 transactions amounting to P404,794.34.
Meanwhile, the camp of Falcis described the resolution as unjust and baseless.
Atty. Regi Ponferrada vowed to appeal the resolution.