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Current as of January 01, 2025 | Updated by Findlaw Staff
1. A person shall not, in the course of an enterprise or occupation, knowingly and with the intent to defraud, engage in an act, practice or course of business or employ a device, scheme or artifice which operates or would operate as a fraud or deceit upon a person by means of a false representation or omission of a material fact that:
(a) The person knows to be false or omitted;
(b) The person intends another to rely on; and
(c) Results in a loss to any person who relied on the false representation or omission,
in at least two transactions that have the same or similar pattern, intents, results, accomplices, victims or methods of commission, or are otherwise interrelated by distinguishing characteristics and are not isolated incidents within 4 years and in which the aggregate loss or intended loss is more than $1,200.
2. Each act which violates subsection 1 constitutes a separate offense.
3. A person who violates subsection 1 is guilty of a category B felony and shall be punished by imprisonment in the state prison for a minimum term of not less than 1 year and a maximum term of not more than 20 years, and may be further punished by a fine of not more than $10,000.
4. In addition to any other penalty, the court shall order a person who violates subsection 1 to pay restitution.
5. A violation of this section constitutes a deceptive trade practice for the purposes of NRS 598.0903 to 598.0999, inclusive.
6. The Attorney General may investigate and prosecute a violation of this section and any other statute violated in the course of committing a violation of this section.
7. As used in this section, “enterprise” has the meaning ascribed to it in NRS 207.380.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 15. Crimes and Punishments § 205.377. Multiple transactions involving fraud or deceit in course of enterprise or occupation; penalty; investigation and prosecution by Attorney General - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-15-crimes-and-punishments/nv-rev-st-205-377/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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