Check fraud
Sec. 12. (a) As used in this section, "financial institution" refers
to a state or federally chartered bank, savings bank, savings
association, or credit union.
(b) A person who knowingly or intentionally obtains property,
through a scheme or artifice, with intent to defraud:
(1) by issuing or delivering a check, a draft, an electronic debit,
or an order on a financial institution:
(A) knowing that the check, draft, order, or electronic debit
will not be paid or honored by the financial institution upon
presentment in the usual course of business;
(B) using false or altered evidence of identity or residence;
(C) using a false or an altered account number; or
(D) using a false or an altered check, draft, order or
electronic instrument;
(2) by:
(A) depositing the minimum initial deposit required to open
an account; and
(B) either making no additional deposits or making
insufficient additional deposits to insure debits to the
account; or
(3) by opening accounts with more than one (1) financial
institution in either a consecutive or concurrent time period;
commits check fraud, a Class D felony. However, the offense is a
Class C felony if the person has a prior unrelated conviction under
this section or the aggregate amount of property obtained is at least
twenty-five thousand dollars ($25,000).
As added by P.L.161-1994, SEC.1. Amended by P.L.79-1998,
SEC.105.
Last modified: May 24, 2006