Understanding 18 U.S. Code § 1344: Bank Fraud

🏦 Bank Fraud is a federal crime under 18 U.S. Code § 1344, targeting anyone who attempts to defraud a financial institution or obtain money, assets, or property under false pretenses.

This law covers fraudulent activities like:

• Forging checks or using fake bank documents.

• Falsifying loan applications or credit information.

• Embezzling funds from bank accounts.

• Identity theft for financial gain.

🚨 Key Facts:

• Penalties: Conviction can result in up to 30 years in prison and fines up to $1 million.

• Severe Consequences: Bank fraud not only impacts financial institutions, but also devastates individuals whose accounts or identities are exploited.

💼 What It Means for You:

If you’ve fallen victim to bank fraud—whether through fraudulent loans, forged documents, or unauthorized account access—you have the right to seek legal restitution. The federal government takes these crimes seriously, and so do we.

At Cyber Watch USA, we specialize in helping victims of financial fraud recover their assets and rebuild their security.

If you suspect you’ve been a victim of bank fraud, take action now. We’re here to support you every step of the way.

🔒 Cyber Watch USA: Protecting your finances, recovering your future.