Federal · Title 12 — Banks and Banking

12 U.S.C. § 3111: Criminal penalty

Felony

What this law says, in plain English

A person who intentionally violates federal banking laws or regulations to deceive, gain financially, or cause financial harm may be imprisoned up to 5 years and/or fined up to $1,000,000 per day of violation.

Read the full statutory text

Whoever, with the intent to deceive, to gain financially, or to cause financial gain or loss to any person, knowingly violates any provision of this chapter or any regulation or order issued by the appropriate Federal banking agency under this chapter shall be imprisoned not more than 5 years or fined not more than $1,000,000 for each day during which a violation continues, or both.

Verify at the official source: Federal legislative text

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.