Page:United States Statutes at Large Volume 103 Part 1.djvu/528

 103 STAT. 500 PUBLIC LAW 101-73—AUG. 9, 1989 (5) by striking "five" and inserting "20". (e) FEDERAL CREDIT INSTITUTION ENTRIES, REPORTS, AND TRANS- ACTIONS. —Section 1006 of title 18, United States Code, is amended— (1) by striking "$10,000" and inserting "$1,000,000"; and (2) by striking "five" and inserting "20". (f) FEDERAL DEPOSIT INSURANCE CORPORATION TRANSACTIONS.— Section 1007 of title 18, United States Code, is amended to read as follows: "§ 1007. Federal Deposit Insurance Corporation Transactions Fraud. "Whoever, for the purpose of influencing in any way the action of the Federal Deposit Insurance Corporation, knowingly makes or invites reliance on a false, forged, or counterfeit statement, docu- ment, or thing shall be fined not more than $1,000,000 or imprisoned not more than 20 years, or both.". (g) FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION TRANS- ACTIONS.— (1) IN GENERAL.—Chapter 47 of title 18, United States Code, is amended by striking section 1008. (2) CLERICAL AMENDMENT.— The table of sections at the begin- ning of chapter 47 of title 18, United States Code, is amended by striking the item relating to section 1008. (h) LOAN AND CREDIT APPLICATIONS GENERALLY; RENEWALS AND DISCOUNTS; CROP INSURANCE. —Section 1014 of title 18, United States Code, is amended— (1) by striking "a Federal Home Loan Bank, the Federal Home Loan Bank Board, the Home Owners' Loan Corporation, a Federal Saving and Loan Association"; (2) by striking "the Federal Saving and Loan Insurance Cor- poration, any bank the deposits of which are insured by"; (3) by striking "any member of; (4) by inserting 'the Resolution Trust Corporation" after "Federal Deposit Insurance Corporation,"; (5) by striking "$5,000" and inserting "$1,000,000"; and (6) by striking "two" and inserting "20". (i) FRAUDS AND SWINDLES.— Section 1341 of title 18, United States Code, is amended by adding at the end: "If the violation affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 20 years, or both.". (j) FRAUD BY WIRE, RADIO, OR TELEVISION.— Section 1343 of title 18, United States Code, is amended by adding at the end: "If the violation affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 20 years, or both.". (k) BANK FRAUD. —Section 1344 of title 18, United States Code, is amended to read as follows: "§ 1344. Bank fraud "Whoever knowingly executes, or attempts to execute, a scheme or artifice— "(1) to defraud a financial institution; or "(2) to obtain any of the moneys, funds, credits, assets, securi- ties, or other property owned by, or under the custody or control of, a financial institution, by means of false or fraudulent pretenses, representations, or promises; shall be fined not more than $1,000,000 or imprisoned not more than 20 years, or both.".

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