Verified by Licensed Bail Bond Professionals•Last updated: March 2026
Definition: Executing a scheme to defraud a financial institution or obtain money under its custody through false pretenses. Federal offense: up to 30 years. State charges typically under fraud or theft statutes. Includes check kiting, loan fraud, and accounting fraud.
Category: White Collar Crime · Statute: 18 U.S.C. § 1344 / F.S. 817 · Source: Florida Legislature
Understanding Bank Fraud in Florida
Executing a scheme to defraud a financial institution or obtain money under its custody through false pretenses. Federal offense: up to 30 years. State charges typically under fraud or theft statutes. Includes check kiting, loan fraud, and accounting fraud.
How This Relates to Bail
Understanding legal terminology helps navigate the criminal justice system. If you or a loved one is facing charges, call QuickBail at (941) 477-6888 for immediate help from licensed bail bond professionals.