Obtaining Money by False Pretenses is a Felony in Nevada
In Virginia this week, a ranch hand pleaded guilty to two counts of obtaining money by false pretences for writing bad checks to buy a million dollar mansion as well as cars and ATVs. He was originally arrested in September a few weeks after he allegedly had gone to Farmers Bank and showed them a false $5.9 million portfolio.
Here, the Nevada crime of obtaining money by false pretenses makes it illegal to knowingly obtain valuables from another person with the intent to cheat or defraud them. The valuables can be anything from money, goods, wares and chattel to rent or labor. How seriously the Nevada crime of obtaining money by false pretenses is punished depends on the value of the property that was allegedly obtained wrongfully:
If the value was less than $250, then the Nevada crime of obtaining money by false pretenses is just a misdemeanor and carries a $1,000 fine and/or up to six months in jail as well as restitution. But if the value is for $250 or more, then it’s a category B felony, carrying one to six years in prison and/or a fine of up to $10,000 plus restitution.
For more on this story, visit http://articles.dailypress.com/2010-03-17/news/dp-local-conman-trial-0317mar18_1_pleads-smithfield-guilty.
