Amends the Federal criminal code to establish penalties for engaging in conduct with the intent to execute a scheme or artifice to defraud…
Official title: A bill to amend chapter 5 of title 18 of the United States Code, relating to arson in executing a scheme to defraud.
This bill died when its Congress ended.
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Amends the Federal criminal code to establish penalties for engaging in conduct with the intent to execute a scheme or artifice to defraud or obtain property of another by false or fraudulent pretense, representation, or promise, where such scheme or artifice: (1) affects interstate commerce; and (2) involves obtaining insurance proceeds of $100,000 or more by arson.
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