Punishment for fraudulently inducing persons to invest money

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..... ney 36. Any person who, either knowingly or recklessly makes any statement, promise or forecast which is false, deceptive or misleading, or deliberately conceals any material facts, to indu .....

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..... or (c) any agreement for, or with a view to, obtaining credit facilities from any bank or financial institution, shall be liable for action under section 447. - - statute, statutory p .....

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