what are bribing bank employees?
The federal government has laws in place that punish individuals who give or take bribes in the financial institution setting. The purpose of these laws is to protect bank deposits by preventing unsound and improper lines of credit being made by bank employees. The purpose of the laws is to protect deposits, not the banks themselves. What Does the Law Say about Bribing a Bank Official?
If you give, offer, or promise anything of value to a bank employee with the intent to influence or reward the bank employee in connection with a transaction, you may be found to have bribed an official. What Does the Law Say about a Bank Official Accepting a Bribe?If you are a bank employee who requests, demands, accepts, or agrees to accept anything of value from a person with the intent to reward them during a transaction may be found to have been bribed. Whether the bribe is given to the bank employee, or diverted to a third party, does not matter. The purpose of the law is to prevent a bank employee from being influenced. What Is the Penalty for Giving or Accepting a Bribe?If you are found guilty of giving or accepting a bribe you can be: - Fined up to one million dollars, or three times the value of the thing given, offered, promised, requested, demanded, accepted, or agreed to be accepted, whichever is greater; or
- Sent to prison for no more than thirty years; or
- Both a fine and imprisonment. If the bribe is less than $100, then you may face a fine three times the value of the thing given, or a fine of up to one year, or both.
Do I Need a Lawyer?If you have been accused of giving or taking a bribe in a financial institution setting, you may want to consult an attorney experienced with white collar crimes. A white collar crime lawyer can do everything within the law to protect your rights and interests. |
