18 U.S.C. § 514 — Fictitious obligations

submitted 30 years ago by Pub. L. 104-208 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 199 words · no verdicts yet

in plain englishAI-generated · not legal advice

Makes specified fraudulent creation, transfer, or transmission of fictitious financial instruments a class B felony and gives the Secret Service investigative authority.

(a) A person who, intending to defraud, makes, passes, possesses, sells, or transmits in or through the United States a false item made to appear to be a United States, foreign-government, State, subdivision, or organizational security or financial instrument commits a class B felony. (b) Terms defined in section 513(c) have the same meanings here. (c) The Secret Service may investigate these offenses in addition to other authorized agencies.

the actual law source: uscode.house.gov ↗public domain

(a)

Whoever, with the intent to defraud—

(1)

draws, prints, processes, produces, publishes, or otherwise makes, or attempts or causes the same, within the United States;

(2)

passes, utters, presents, offers, brokers, issues, sells, or attempts or causes the same, or with like intent possesses, within the United States; or

(3)

utilizes interstate or foreign commerce, including the use of the mails or wire, radio, or other electronic communication, to transmit, transport, ship, move, transfer, or attempts or causes the same, to, from, or through the United States,

any false or fictitious instrument, document, or other item appearing, representing, purporting, or contriving through scheme or artifice, to be an actual security or other financial instrument issued under the authority of the United States, a foreign government, a State or other political subdivision of the United States, or an organization, shall be guilty of a class B felony.

(b)

For purposes of this section, any term used in this section that is defined in section 513(c) has the same meaning given such term in section 513(c).

(c)

The United States Secret Service, in addition to any other agency having such authority, shall have authority to investigate offenses under this section.

Source credit: (Added Pub. L. 104–208, div. A, title I, § 101(f) [title VI, § 648(b)(1)], title II, § 2603(b)(1), Sept. 30, 1996, 110 Stat. 3009–314, 3009–367, 3009–470.)

history & why it existsrecord from the source credit

1996Enacted · Pub. L. 104-208 · 110 Stat. 3009

A history note hasn’t been published yet. The record shows enactment by Pub. L. 104-208 on 1996-09-30.

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