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Can you summarize KYRS 434.690?
OFFENSES AGAINST PROPERTY BY FRAUD > Receiving goods, services, etc., obtained by fraud -- Presumption as to possession of transportation tickets fraudulently obtained.
Short Summary
This legal document pertains to the offense of receiving money, goods, services, or anything else of value obtained through fraud. Any person who knowingly or believes that such items were obtained fraudulently is guilty of a Class B misdemeanor, unless certain conditions are met. If the total value of the items received over a six-month period is between $500 and $1,000, it is a Class A misdemeanor. If the value is between $1,000 and $10,000, it is a Class D felony. If the person has three or more convictions within the last five years, it is also a Class D felony. If the total value exceeds $10,000, it is a Class C felony. Additionally, the possession of three or more transportation tickets obtained using a stolen or forged credit or debit card creates a presumption of knowledge of their fraudulent acquisition.
Whom does it apply to?
Any person who receives money, goods, services, or anything else of value obtained in violation of KRS 434.650
What does it govern?
Receiving goods, services, etc., obtained by fraud
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Class B misdemeanor, Class A misdemeanor, Class D felony, or Class C felony depending on the value of the money, goods, services, or other things of value received
Jurisdiction
Kentucky