Fraud

1Fraud

1

A person is guilty of fraud if he is in breach of any of the sections listed in subsection (2) (which provide for different ways of committing the offence).

2

The sections are—

a

section 2 (fraud by false representation),

b

section 3 (fraud by failing to disclose information), and

c

section 4 (fraud by abuse of position).

3

A person who is guilty of fraud is liable—

a

on summary conviction, to imprisonment for a term not exceeding F1the general limit in a magistrates’ court or to a fine not exceeding the statutory maximum (or to both);

b

on conviction on indictment, to imprisonment for a term not exceeding 10 years or to a fine (or to both).

4

Subsection (3)(a) applies in relation to Northern Ireland as if the reference to 12 months were a reference to 6 months.