Fraud Flashcards

1
Q

S1 fraud act 2006

A

Guilty of fraud if they breach any of the sections listed in subsection 2
1(2):
A) section 2 - false representation
B) section 3 - failing to disclose info (legal duty to disclose)
C) section 4 - abuse of position

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2
Q

S2(1) FA06

A

Dishonesty makes a false representation
And
Intends
1. gain for themselves or another
2. Cause/risk of loss to another (money/property)

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3
Q

Fraud act 06 punishment

A

Exceeding 10 years, fine or both

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4
Q

Representation

A

S2(2) - untrue or misleading
S2(4) - expressed or implied
S2(5) - commit fraud without any form of human interaction

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