If a contractor gets a deposit on a project but spends 1/2 of it for costs not associated to the project he received the deposit for, would that be considered fraud?
Asked on 3/03/20, 3:04 pm
1 Answer from Attorneys
Gary Redenbacher Redenbacher & Brown, LLP
That is considered an illegal diversion of funds in violation of Penal Code 484(b).
Answered on 3/03/20, 3:11 pm