Section 420 of IPC : Section 420: Cheating And Dishonestly Inducing Delivery Of Property
IPC
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Explanation using Example
Imagine a man, Mr. Sharma, who approaches Mrs. Gupta claiming to be a bank official. He convinces her that her bank account is at risk of being hacked and that she needs to transfer her funds to a 'secure account' for protection. Trusting Mr. Sharma, Mrs. Gupta transfers her life savings to the account he provides. Later, she discovers that there is no such risk and Mr. Sharma is not a bank official but a con artist who has absconded with her money. This is a case where Mr. Sharma could be charged under Section 420 of The Indian Penal Code for cheating Mrs. Gupta and dishonestly inducing her to deliver her property, i.e., the money in her bank account, to him.