Section 418
Cheating with knowledge that wrongful loss may be thereby caused to a person whose interest the offender is bound to protect
ActIn forceProvision 219 of 597
Section 418
Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest, in the transaction to which the cheating relates, he was bound either by law or by a legal contract to protect shall be punished with imprisonment for a term which may extend to 5 years, or with fine, or with both.