Tag Archives: 18 U.S.C. § 656

Federal Charges for Theft, Embezzlement & Misapplication by Bank Officer or Employee in Alexandria Virginia

The federal government can charge Bank Fraud as Embezzlement, Abstraction, Purloining or Willful Misapplication under one of two code sections, Sections 656 and 657 of Title 18, United States Code. These charges will differ mainly in the types of financial institutions to which they apply. 18 U.S.C. § 656 applies to banks, while 18 U.S.C. […]