With intent to defraud definition
With intent to defraud means that the offender has a conscious objective, desire or purpose to deceive another person, and to induce such other person, in reliance upon such deception, to assume, create, transfer, alter or terminate a right, obligation, or power with reference to property,” S.Rept. 111-368 at 7.
With intent to defraud means to act knowingly, and with
With intent to defraud means to act knowingly, and with the specific intent to deceive or cheat, for the purpose of causing financial loss to another or bringing some financial gain to oneself, regardless of whether any person was actually defrauded or deceived. This includes an intent to cause another to assume, create, transfer, alter, or terminate any right, obligation, or power with reference to any person or property. (Source: P.A. 96-1551, eff. 7-1-11; 97-597, eff. 1-1-12.)