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R.I. Gen. Laws § 19-9-29

Bank fraud

Applied in 1 court decision — leading case United States v. Rybicki (2003)

Most recently applied in United States v. Rybicki (December 2003)

P.L. 1995, ch. 82, § 47.

Any person who knowingly makes a false statement to any regulated institution or other depository, or who knowingly executes, or attempts to execute, a scheme or artifice to defraud, or willingly overvalues any land, property, or security, for the purpose of influencing in any way the action of that regulated institution or other depository, whether for that person’s own use or for the use of any other person, firm, or corporation, in violation of this section, upon conviction thereof, shall be fined not exceeding two hundred fifty thousand dollars ($250,000), or be imprisoned not exceeding fifteen (15) years, or both. For the purposes of this section, the term “scheme or artifice to defraud” includes a scheme or artifice to deprive another of the intangible right of honest services.

Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.