What is Unfair and Deceptive Practice?
Under Illinois Law, (720 ILCS 5/17-1), a person commits the Illinois criminal offense of unfair and deceptive practice when, with the intent to defraud, the person does any of the following: (a) They cause another, by deception or threat, to execute a document disposing of property or a document by which a pecuniary (monetary) obligation is incurred. (b) Being an officer, manager or other person participating in the direction of a financial institution, they knowingly receive or permits the receipt of a deposit or other investment, knowing that the institution is insolvent. (c) They knowingly makes or directs another to make a false or deceptive statement addressed to the public for the purpose of promoting the sale of property or services. (d) With intent to obtain control over property or to pay for property, labor or services of another, or in satisfaction of an obligation for payment of tax under the Retailers’ Occupation Tax Act or any other tax due to the State of Illinois, they
