Nevada Revised Statutes 624.165 – Investigation of constructional fraud
1. The Board shall:
Terms Used In Nevada Revised Statutes 624.165
- Contract: A legal written agreement that becomes binding when signed.
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
- Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
- Fraud: Intentional deception resulting in injury to another.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Statute: A law passed by a legislature.
(a) Designate one or more of its employees for the investigation of constructional fraud;
(b) Cooperate with other local, state or federal investigative and law enforcement agencies, and the Attorney General;
(c) Assist the Attorney General or any official of an investigative or a law enforcement agency of this State, any other state or the Federal Government who requests assistance in investigating any act of constructional fraud; and
(d) Furnish to those officials any information concerning its investigation or report on any act of constructional fraud.
2. The Board may obtain records of a law enforcement agency or any other agency that maintains records of criminal history, including, without limitation, records of:
(a) Arrests;
(b) Guilty and guilty but mentally ill pleas;
(c) Sentencing;
(d) Probation;
(e) Parole;
(f) Bail;
(g) Complaints; and
(h) Final dispositions, for the investigation of constructional fraud.
3. For the purposes of this section, constructional fraud occurs if a person engaged in construction knowingly:
(a) Misapplies money under the circumstances described in NRS 205.310;
(b) Obtains money, property or labor by false pretense as described in NRS 205.380;
(c) Receives payments and fails to state his or her own true name, or states a false name, contractor’s license number, address or telephone number of the person offering a service;
(d) Diverts money or commits any act of theft, forgery, fraud or embezzlement, in connection with a construction project, that violates a criminal statute of this State;
(e) Acts as a contractor without:
(1) Possessing a contractor’s license issued pursuant to this chapter; or
(2) Possessing any other license required by this State or a political subdivision of this State;
(f) In any report relating to a contract for a public work, submits false information concerning a payroll to a public officer or agency; or
(g) Otherwise fails to disclose a material fact.