8.126 Bank Fraud-Scheme to Deprive Bank of Intangible Right of Honest Services (18 U.S.C. Sec. 1344(1) and 1346) is a federal offense that involves any scheme or artifice to defraud a financial institution or to obtain money or property from a financial institution by means of false or fraudulent pretenses, representations, or promises. This type of fraud includes any scheme whereby the perpetrator intends to deprive the bank of its intangible right of honest services. The two sections of the United States Code (18 U.S.C. Sec. 1344(1) and 1346) that relate to 8.126 Bank Fraud-Scheme to Deprive Bank of Intangible Right of Honest Services refer to any scheme or artifice to defraud a financial institution. Some examples of this type of fraud include: • Misrepresentation or false statements made to a bank to obtain a loan or other benefits. • Insider trading or other activities that involve obtaining money or property from a bank through use of confidential information. • Bribing or colluding with a bank employee to obtain money or property from the bank. • Making false claims or misrepresentations to a bank in order to obtain benefits or loans. • Making false claims or misrepresentations to a bank in order to avoid paying back a loan. • Embezzlement or other activities that involve stealing from a bank.
8.126 Bank Fraud-Scheme to Deprive Bank of Intangible Right of Honest Services (18 U.S.C. Sec. 1344(1) and 1346)
Description
How to fill out 8.126 Bank Fraud-Scheme To Deprive Bank Of Intangible Right Of Honest Services (18 U.S.C. Sec. 1344(1) And 1346)?
Dealing with official documentation requires attention, precision, and using properly-drafted blanks. US Legal Forms has been helping people across the country do just that for 25 years, so when you pick your 8.126 Bank Fraud-Scheme to Deprive Bank of Intangible Right of Honest Services (18 U.S.C. Sec. 1344(1) and 1346) template from our library, you can be sure it complies with federal and state regulations.
Working with our service is easy and fast. To obtain the necessary document, all you’ll need is an account with a valid subscription. Here’s a quick guideline for you to obtain your 8.126 Bank Fraud-Scheme to Deprive Bank of Intangible Right of Honest Services (18 U.S.C. Sec. 1344(1) and 1346) within minutes:
- Remember to carefully check the form content and its correspondence with general and legal requirements by previewing it or reading its description.
- Look for an alternative official template if the previously opened one doesn’t suit your situation or state regulations (the tab for that is on the top page corner).
- ​Log in to your account and download the 8.126 Bank Fraud-Scheme to Deprive Bank of Intangible Right of Honest Services (18 U.S.C. Sec. 1344(1) and 1346) in the format you prefer. If it’s your first time with our website, click Buy now to proceed.
- Create an account, decide on your subscription plan, and pay with your credit card or PayPal account.
- Decide in what format you want to obtain your form and click Download. Print the blank or upload it to a professional PDF editor to submit it electronically.
All documents are created for multi-usage, like the 8.126 Bank Fraud-Scheme to Deprive Bank of Intangible Right of Honest Services (18 U.S.C. Sec. 1344(1) and 1346) you see on this page. If you need them one more time, you can fill them out without re-payment - simply open the My Forms tab in your profile and complete your document whenever you need it. Try US Legal Forms and prepare your business and personal paperwork quickly and in full legal compliance!
Form popularity
FAQ
Section 1344 of Title 18, United States Code, covers any scheme to defraud occurring on or after October 12, 1984. The statutory language is modeled directly after the mail fraud statute.
What happens if someone lies on a personal loan application? Knowingly providing false information on a loan application is considered fraud and is a crime. For instance, putting an incorrect salary or falsifying documents would qualify as lying ? and can impact you in serious ways. You could lose your loan.
§1346. Definition of "scheme or artifice to defraud" For the purposes of this chapter, the term "scheme or artifice to defraud" includes a scheme or artifice to deprive another of the intangible right of honest services.
It is a federal crime for anyone to willfully make a false statement to a federally insured financial institution. Lending institutions rely upon a company's financial statements in extending credit or granting a loan.