TITLE 18--CRIMES AND CRIMINAL PROCEDURE
 
                             PART I--CRIMES
 
                         CHAPTER 63--MAIL FRAUD
 
Sec. 1344. Bank fraud

    Whoever knowingly executes, or attempts to execute, a scheme or 
artifice--
        (1) to defraud a financial institution; or
        (2) to obtain any of the moneys, 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;

shall be fined not more than $1,000,000 or imprisoned not more than 30 
years, or both.

(Added Pub. L. 98-473, title II, Sec. 1108(a), Oct. 12, 1984, 98 Stat. 
2147; amended Pub. L. 101-73, title IX, Sec. 961(k), Aug. 9, 1989, 103 
Stat. 500; Pub. L. 101-647, title XXV, Sec. 2504(j), Nov. 29, 1990, 104 
Stat. 4861.)


                               Amendments

    1990--Pub. L. 101-647 substituted ``30'' for ``20'' before 
``years''.
    1989--Pub. L. 101-73 amended section generally, restating former 
subsec. (a) and striking out former subsec. (b) which defined 
``federally chartered or insured financial institution''. Prior to 
amendment, subsec. (a) read as follows: ``Whoever knowingly executes, or 
attempts to execute, a scheme or artifice--
        ``(1) to defraud a federally chartered or insured financial 
    institution; or
        ``(2) to obtain any of the moneys, funds, credits, assets, 
    securities or other property owned by or under the custody or 
    control of a federally chartered or insured financial institution by 
    means of false or fraudulent pretenses, representations, or 
    promises, shall be fined not more than $10,000, or imprisoned not 
    more than five years, or both.''

                  Section Referred to in Other Sections

    This section is referred to in sections 225, 981, 982, 1510, 1961, 
2326, 3059A, 3293, 3322 of this title; title 12 sections 1785, 1786, 
1787, 1821, 1828, 1829, 1831k, 1833a, 2277a-10b.