Bank Fraud — "Intent to Defraud" Defined (revised 2014) (revised 2017) is a form of criminal activity that involves an individual or group of individuals attempting to obtain money, goods, services, or other assets from a financial institution by deception or fraudulent means. The intent of the fraud is to steal money or other assets from the financial institution and to gain an unfair financial advantage. Types of bank fraud include identity theft, check and credit card fraud, wire fraud, and ACH fraud. All forms of bank fraud involve an intent to defraud the financial institution, and typically involve the use of false information, false documents, or other deceptive tactics.
Bank Fraud — "Intent to Defraud" Defined (revised 2014) (revised 2017) is a form of criminal activity that involves an individual or group of individuals attempting to obtain money, goods, services, or other assets from a financial institution by deception or fraudulent means. The intent of the fraud is to steal money or other assets from the financial institution and to gain an unfair financial advantage. Types of bank fraud include identity theft, check and credit card fraud, wire fraud, and ACH fraud. All forms of bank fraud involve an intent to defraud the financial institution, and typically involve the use of false information, false documents, or other deceptive tactics.
