FALSE STATEMENT TO A BANK / 18 U.S.C. Sec. 1014

• Category: Federal - Jury Instructions - 10th Circuit - Criminal
• State: Multi-State
• Control #: US-JURY-10THCIR-2-48
• Format: Word

Description

https://www.ca10.uscourts.gov/sites/default/files/clerk/Jury%20Instructions%20Update%202018.pdf

A False Statement to a Bank / 18 U.S.C. Sec. 1014 is a federal law that makes it a crime to knowingly make any false statement or report, or to willfully overvalue any land, property or security, in any application, agreement, or document submitted to a bank, or to any officer, director, employee, agent, or agency of a bank, for the purpose of influencing in any way the action of the bank. The two types of False Statement to a Bank / 18 U.S.C. Sec. 1014 are: 1) False Statements and Reports and 2) Willful Overvaluation of Land, Property or Security. False Statements and Reports are any false statements made to a bank, or to any officer, director, employee, agent, or agency of a bank, for the purpose of influencing the action of the bank. Willful Overvaluation of Land, Property or Security includes intentionally overvaluing any land, property or security in any application, agreement, or document submitted to a bank, or to any officer, director, employee, agent, or agency of a bank, for the purpose of influencing the action of the bank. Violation of False Statement to a Bank / 18 U.S.C. Sec. 1014 is punishable by up to 30 years in prison and a fine of up to $1,000,000.