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Search 2008 Bills:

HB960: Investment fraud; applies to those convicted of misuse or misappropriation of funds, etc.

Chief Patron

Del. David Bulova (D-37)

David Bulova (D-37)
Fairfax, VA
Served: 2006–

Progress

Yes Introduced
No Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

Bill is Dead

View Entire History

Summary

Crimes; investment fraud; penalty. Creates the crime of investment fraud if a person knowingly misuses or misappropriates any money or other funds or personal property, tangible or intangible, that he receives from another for the purpose of purchasing or operating a lawful commercial business. Upon conviction, the bill provides for the same punishment as larceny.   View Full Text »

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Bill Text

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