MLchartDataset catalogue

Financial institution fraud

Term · Law · MLC-T-LAW-002126

Any scheme or artifice intended to defraud a financial institution or to obtain money, 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. This federal crime is punishable under 18 U.S.C. § 1344.

Table 1. Record
IdentifierMLC-T-LAW-002126
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002126",
  "term": "Financial institution fraud",
  "field": "Law",
  "definition": "Any scheme or artifice intended to defraud a financial institution or to obtain money, 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. This federal crime is punishable under 18 U.S.C. § 1344.",
  "url": "https://mlchart.com/terminology/law/financial-institution-fraud/"
}

Record 2,032 of 5,445 in Law terminology (MLC-0107). Request the full dataset.