COURSE CODE: MCJ 202

COURSE TITLE: ECONOMIC CRIMES

COURSE DESCRIPTION: Economic crime covers a wide range of offences that
generates a considerable social damage and undermines the state treasure. These
crimes are different from the traditional crimes in the characteristics and manner of
commission which is usually invisible and open perceived as a good business.
Unlike the conventional crimes which direct effect is to the victim, economic crimes
affect society as a whole. Such crimes are very costly and worsen national debt, it
undermines developed country much less the poor or developing country.

PRIMARY PURPOSE OF STUDYING ECONOMIC CRIMES

1. Understand the challenges that affect the sustainable development of
economy.
2. Understand the relationship of economic crimes to other chains of crimes.
3. Identify the real reason and factors of different economic crimes

FOCUS AREA OF DISCUSSIONS:

1. ASSET MISAPPROPRIATION – MR. DARYL LIM M. MANAGO
Different State of Misappropriation in the public office
Different State of Misappropriation in the private entities
The impact of asset misappropriation to the businesses and to the
government as a whole
Measures to address misappropriation both public and private entities
 Site sample cases and discuss investigation procedure and applicable laws
(Flow chart)

2. BRIBERY and CORRUPTION – MR. RONILO M. HERNANDEZ

Different type of corruption in the public office.
Different type of corruption in private entities.
Degree (Level) of corruption in the Philippines and compare it with ASEAN
Countries.
Impact of corruption to the development of the country.
Investigating corruption, procedures, and applicable laws.

3. CUSTOMER FRAUD – MS. THEA P REYES

Most prevalent cases of Customer fraud.
Measures taken by the government to address customer fraud.
Effect of customer fraud to the consumer and economy.
Site a sample and explain investigation process and applicable laws.

4. PROCUREMENT FRAUD-MS LESLIE ANN DOTE BANAAG

Most prevalent case of procurement fraud.
Report of Procurement fraud in the Philippines .
Discuss how procurement fraud is done.
Site a sample and explain investigation process and applicable laws.

5. CYBERCRIME- MS. MARIANE JOANE G. OSORIO

Discuss top 5 most commonly committed cybercrime related to economic
crimes.
Explain how related offenses impact to the government.
How the government address economic cybercrime?
What is the impact of this to the development of the country?
How prepared is our Law enforcement agencies in addressing cybercrime
offenses?

6. DECEPTIVE BUSINESS PRACTICE –

MS. JHOANA MARIE M. BERANIA
What are the different deceptive busines practice in the Philippines?
How deceptive business practices affects the economy
How does our Law enforcement respond into deceptiveness practices?
 Discuss the process of investigation and applicable laws

7. EMBEZZLEMENT- MR. RENATO DIMAANO

Most common type of embezzlement
Discuss at least 1 largest embezzlement case in the Philippine setting and 1
in the global setting
Discuss the manner of operations, how it was discovered, the impact to the
economy and the current state of the case.

8. MONEY LAUDERING -MS. JESSA ANGELINE L. DADO

Different Types of money laundering in the global setting
Determine the extent, how this affect the developing countries and its impact
to the government.
Discuss money laundering law, international cooperation, and process of
investigation.

9. INTELLECTUAL PROPERTY THEFT – MS. ANCHY C. ROCO

What is the extent of the problem in IP?
How the government address the problems in IP
How IPT impacts to the government

10.TAX FRAUD – MR. DAREN M. MANAGO

Different type of tax fraud
Manner of commission of tax fraud.
Determine how much losses do the government (Philippines) had in the past
ten years.
How the government recovered the losses

11.HUMAN RESOURCE FRAUD – MR. LESTER ALVIN A. ASI

Discuss the different Human resource fraud
Determine the extent of Human resources fraud
How the Human resource fraud affect the government of a private entities
Recommend a measure on how this Human Resource fraud can be address
References
www.pwc.com/ph
https://ww.jtor.org
https://www.ncrjs.gov
www.chanrobles.com
unafei publications
Supreme court related SCRA

Prepared by
DR AILEEN DESTREZA-YBANEZ
Professor, LPU Graduate School
 CLASS PROTOCOLS
To keep the class productive and professional, follow these simple virtual
meeting etiquettes.
• Dress appropriately
• Be aware of your surroundings. ...
• Mute your microphone when you are not talking. ...
• Speak up, (Collaborate in the discussions)
• Stay seated and stay present

Preparations of report
1. Report should be in a PowerPoint presentation (please send to class
CC)
2. Manuscript must be prepared and forwarded to the Class GC group
not later than 10 am the day before the report (Friday)
3. Reporting is every Saturday, an extra class day maybe added, and
schedule will be based on the consensus of the class
4. Each member of the class should prepare at least 1 question for each
topic
5. Exams will be divided in two parts, part 1 for midterm and part 2 for
finals
6. Send notification if cannot possibly attend the class due to work or
any other justifiable reason
7. If possible, please be present in the google meet meeting
8. Google meet meeting schedule every Saturday
▪ 9 A.M. to 12 Noon and 2 P.M to 5 P.M. (Time maybe extended
based on the length of the report)
▪ 4 reporters per day (maximum of 1.5 hours per reporter
including class discussions)

AN INVESTMENT IN KNOWLEDGE PAYS THE BEST INTEREST

BENJAMIN FRANKLIN