The person liable is the one buying, keeping, concealing and selling the stolen items. If the fence is a corporation,partnership, association or firm, the one liable is the president or the manager or the officer who knows or shouldhave know the fact that the offense was committed.The law provide for penalty range for persons convicted of the crime of fencing. Their penalty depends on the valueof the goods or items stolen or bought: A. The penalty of prision mayor , if the value of the property involved is more than 12,000 pesos but notexceeding 22,000 pesos; if the value of such property exceeds the latter sum, the penalty provided in this paragraphshall be imposed in its maximum period, adding one year for each additional 10,000 pesos; but the total penaltywhich may be imposed shall not exceed twenty years. In such cases, the penalty shall be termed reclusion temporaland the accessory penalty pertaining thereto provided in the Revised Penal Code shall also be imposed. B. The penalty of prision correccional in its medium and maximum periods, if the value of the property robbed or stolen is more than 6,000 pesos but not exceeding 12, 000 pesos; C. The penalty of prision correccional in its minimum and medium periods, if the value of the property involvedis more than 200 pesos but not exceeding 6,000 pesos
Posted on: Thu, 06 Mar 2014 07:49:47 +0000
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