The word property should also mean liquid assets such as money/cash and not mere items/belongings that had been bought by the victims. This is because the victims are usually deceived in terms of monetary value/cash. If it is not meant as such, these particular words must be included to be more specific.
The illustrations only described/mentioned 'rich banker' and 'a person who is deceased' as the cheater of personation. It should include more categories of 'the pretender' as the potential person could be anyone from all walks of life. This is to prevent a loophole that could set the offenders free.
Section 418 only mentioned the wrongful loss caused to the victim when the situation is where 'their interest should be protected by the offender' in the first place. This is not necessarily the case as most times, the offender does not have any 'legal ties' with the victims prior to the deceived. Thus, there is no obligation for the scammers to protect the interest of the victims beforehand. This 'other situation' should also be included and covered by the law.
Other than the comments mentioned above, personal opinion regarding the punishments had been expressed in the previous post.
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