Theft by Deception; Defined

(a)A person is guilty of theft if he intentionally obtains property of another by deception. A person deceives if he intentionally:

(1)creates or reinforces a false impression, including false impressions as to law, value, intention or other state of mind; but deception as to a person's intention to perform a promise shall not be inferred from the fact alone that he did not subsequently perform the promise;

(2)prevents another from acquiring information which would affect his judgment of a transaction;

(3)fails to correct a false impression which the deceiver previously created or reinforced, or which the deceiver knows to be influencing another to whom he stands in a fiduciary or confidential relationship; or

(4)fails to disclose a known lien, adverse claim or other legal impediment to the enjoyment of property which he transfers or encumbers in consideration for the property obtained, whether such impediment is or is not valid, or is not a matter of official record.

(b)The term deceive does not include falsity as to matters having no pecuniary significance, or puffing by statements unlikely to deceive typical members of the group addressed.