Flashcards Studio

A system administrator at a corporate supplier portal discovers that the payment module can be manipulated to alter bank account details associated with vendor profiles. He quietly adds his own bank account as the beneficiary for five vendor invoices and approves the payments. To conceal the scheme, he triggers fabricated refunds and modifies the audit trail to appear legitimate. After several months, the company detects the fraud and incurs substantial losses. (a) Identify the offense under RA 10175, Sec. 4(b)(2) that he commits. (b) State the essential elements of that offense. (c) Explain whether his acts could be charged under the Revised Penal Code as estafa, and discuss why Sec. 4(b)(2) provides the appropriate framework for this cyber-enabled fraud.