[USC07] 18 USC 1344: Bank fraud
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18 USC 1344: Bank fraud Text contains those laws in effect on December 14, 2018
From Title 18-CRIMES AND CRIMINAL PROCEDUREPART I-CRIMESCHAPTER 63-MAIL FRAUD AND OTHER FRAUD OFFENSES

§1344. Bank fraud

Whoever knowingly executes, or attempts to execute, a scheme or artifice-

(1) to defraud a financial institution; or

(2) to obtain any of the moneys, funds, credits, assets, securities, or other property owned by, or under the custody or control of, a financial institution, by means of false or fraudulent pretenses, representations, or promises;


shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.

(Added Pub. L. 98–473, title II, §1108(a), Oct. 12, 1984, 98 Stat. 2147 ; amended Pub. L. 101–73, title IX, §961(k), Aug. 9, 1989, 103 Stat. 500 ; Pub. L. 101–647, title XXV, §2504(j), Nov. 29, 1990, 104 Stat. 4861 .)

Amendments

1990-Pub. L. 101–647 substituted "30" for "20" before "years".

1989-Pub. L. 101–73 amended section generally, restating former subsec. (a) and striking out former subsec. (b) which defined "federally chartered or insured financial institution". Prior to amendment, subsec. (a) read as follows: "Whoever knowingly executes, or attempts to execute, a scheme or artifice-

"(1) to defraud a federally chartered or insured financial institution; or

"(2) to obtain any of the moneys, funds, credits, assets, securities or other property owned by or under the custody or control of a federally chartered or insured financial institution by means of false or fraudulent pretenses, representations, or promises, shall be fined not more than $10,000, or imprisoned not more than five years, or both."