SB 98 - This act creates the offense of financial institution accounts fraud. A customer or third party commits this offense if the customer or third party accesses, uses, or establishes an account at the financial institution and uses any false or fraudulent pretenses, representations, or promises, or any device, item, scheme, artifice, trick, or coercion to cause funds to be withdrawn or taken from a financial institution or a customer account at a financial institution or to cause funds to be transferred or paid by the financial institution to another person or another financial institution with the purpose to deprive the financial institution or the customer of the custody or control of the funds.The offense of financial institution accounts fraud is punishable as a class B misdemeanor for any amount up to $500. For any amount of $500 or more, the offense is punishable as follows:
• If a person acts purposefully it is a class B felony;
• If a person acts knowingly it is a class C felony;
• If a person acts recklessly it is a class D felony; and
• If a person acts with criminal negligence it is a class E felony.
SCOTT SVAGERA