What is a “financial advantage”?
A common charge in fraud matters is an allegation of dishonestly obtaining a “financial advantage” by deception.
In NSW, this offence is found in section 192E of the Crimes Act 1900.
Section 192E(1) provides:
“A person who, by any deception, dishonestly:
(a) obtains property belonging to another, or
(b) obtains any financial advantage or causes any financial disadvantage,
is guilty of the offence of fraud.
The offence is a serious one, carrying a maximum penalty of ten […]