This law section addresses fraudulent practices related to construction, improvements, and agricultural labor advances. It specifies penalties for individuals who obtain advances through false promises and fail to perform or return the funds within a specified period. The statutes aim to protect property owners and employers from fraud and deceit in financial transactions related to construction and farming.
Fraud occurs when someone obtains money or property through false promises to perform construction or improvements and then fails to perform or return the funds within 15 days of a written request.
Such fraud is classified as a Class 3 misdemeanor, with penalties including fines and possible jail time, if the person fraudulently obtains advances and fails to perform or refund within 60 days.
Yes, prosecution must be initiated within 60 days after the breach of the employment contract.
Yes, Virginia repealed Section 18.2-202, which previously addressed certain fraudulent advances, as part of legislative updates.