420.Cheating and dishonestly inducing delivery of property

Whoever cheats and thereby dishonestly^ⓘ induces the person deceived to deliver any property^ⓘ to any person, or to make, alter or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.