Cheating defined as deceptive inducement to part with property or act, punishable with imprisonment and fine. Cheating is intentionally deceiving a person to fraudulently or dishonestly induce delivery or retention of property, or to cause an act or omission causing harm; dishonest concealment is deception. Illustrations clarify covered conduct and distinguish breach of contract. Penalties: up to three years imprisonment (or fine), increased to up to five years where wrongful loss affects a person whose interest the deceiver was bound to protect, and up to seven years (with fine) where cheating induces delivery or alteration of a valuable security.