Illinois · Criminal Code of 2012 (720 ILCS 5)
720 ILCS 5 § 17-10.6: Financial institution fraud
What this law says, in plain English
This statute defines five financial institution crimes: misappropriation of financial institution property, commercial bribery, financial institution fraud, loan fraud, and concealment of collateral. Each involves knowingly obtaining unauthorized control over funds or property, offering bribes, executing deceptive schemes, making false statements to obtain loans, or concealing mortgaged property.
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