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Can you summarize VACV 18.2-186?
False statements to obtain property or credit
Short Summary
This section of the Code of Virginia addresses the crime of making false statements to obtain property or credit. It states that any person who knowingly makes or causes to be made materially false statements in writing, with the intention of procuring personal property, cash, a loan, credit, or other financial benefits, shall be guilty of a Class 1 misdemeanor. Additionally, any person who, with intent to defraud, obtains such benefits based on a false statement shall be guilty of grand larceny if the value obtained is $1,000 or more, or petit larceny if the value is less than $1,000. The venue for trial may be in the county or city where the offense was committed or where the person charged with the offense resided at the time. The definition of ‘in writing’ includes electronic mediums but excludes voice transmission. The section provides the relevant code references and amendments made over the years.
Whom does it apply to?
Any person who makes, causes to be made, or conspires to make materially false statements in writing
What does it govern?
False statements to obtain property or credit
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Class 1 misdemeanor for making false statements, grand larceny or petit larceny depending on the value obtained
Jurisdiction
Virginia