8.128 Attempted Bank Fraud-Scheme to Defraud by False Promises (18 U.S.C. Sec. 1344) is a federal crime that prohibits an individual from attempting to defraud a financial institution by using false or fraudulent promises. This type of attempted bank fraud is punishable by up to thirty years in prison and a fine. There are two main types of 8.128 Attempted Bank Fraud-Scheme to Defraud by False Promises (18 U.S.C. Sec. 1344): (1) the defendant made a false statement or representation to a financial institution in order to obtain money, credit, or other property; and (2) the defendant made a false statement or representation to a financial institution in order to influence the action of the institution in favor of the defendant. In either case, the defendant must have acted with the intent to defraud the financial institution. The elements of this crime include: (1) the defendant made a false statement or representation; (2) the defendant did so with the intent to defraud the financial institution; (3) the defendant’s actions were done in order to obtain money, credit, or other property; and (4) the defendant acted in relation to a financial institution.