The following shall be punished with imprisonment for one to four years:
1. Anyone who, falsely claiming to have the power of disposal over a movable or immovable thing which they do not possess, either because they have never had it or because they have already exercised it, sells, encumbers, or leases it to another, to the detriment of that person or a third party.
2. Anyone who disposes of a movable or immovable thing while concealing the existence of any encumbrance on it, or who, having sold it as unencumbered, encumbers or sells it again before the final transfer to the acquirer, to the detriment of that person or a third party.
3. Anyone who executes a simulated contract to the detriment of another.