Upgrad LLM

i a private financer cheating liable to be charged under sec 409


If a person "posing" to be "private financer" operating in the capacity of a "Proprietor", in the name of legal work takes money and later misappropriates without even executing promised funding, does that come under 406 or does 409 apply. Any other Section this is applicable for this type of cheating.
 
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LEGAL

Section 420  is much attracted 

 
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