Monthly Archives: January 2016

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What is a “financial advantage”?

By |January 19th, 2016|

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 […]