According to U.S.C. 18 Part I, Chapter 63 § 1344, bank fraud is a federal crime that has implications far more severe than a state offense. The charge involves allegedly defrauding a bank for the defendant's personal gain. This can involve anything from false pretenses to fraudulent representations to empty promises. In order to prove guilt in a question of bank fraud, the prosecution will need to show that you:
Knowingly executed or attempted to execute a scheme or artifice to defraud
Did indeed defraud or attempt to defraud the bank
Used a material misrepresentation or concealment of a material fact as part of the scheme or attempted scheme
Lastly, the bank that was allegedly the victim of fraud must be insured or chartered by the FDIC in order for the federal charge to be valid. There are several different scenarios that could lead to arrest and indictment for bank fraud, including:
Stolen checks
Forgery
Fraudulent loans/loan applications
Empty envelope deposits
Wire fraud