Showing posts with label Bankruptcy Fraud 18 U.S.C. § 157-A fedeBankruptcy Fraud 18 U.S.C. § 157-A federal crime-What Does It have to do with Compounding Pharmcrime-What Does It have to do with Compounding Pharmacies?. Show all posts
Showing posts with label Bankruptcy Fraud 18 U.S.C. § 157-A fedeBankruptcy Fraud 18 U.S.C. § 157-A federal crime-What Does It have to do with Compounding Pharmcrime-What Does It have to do with Compounding Pharmacies?. Show all posts

Friday, October 18, 2013

Bankruptcy Fraud 18 U.S.C. § 157-A federal crime-What Does It have to do with Compounding Pharmacies?


The United States Attorney's Manual Provides:
Title 18 U.S.C. § 157 prohibits devising or intending to devise a scheme or artifice to defraud and, for purposes of executing or concealing the scheme either (1) filing a bankruptcy petition; (2) filing a document in a bankruptcy proceeding; or (3) making a false statement, claim, or promise (a) in relationship to a bankruptcy proceeding either before or after the filing of the petition; or (b) in relation to a proceeding falsely asserted to be pending under the Bankruptcy Code. This section, which is patterned after the mail and wire fraud statutes, was added by the Bankruptcy Reform Act of 1994. This statute applies to any bankruptcy fraud scheme that continues or begins after October 22, 1994--the effective date of the Bankruptcy Reform Act of 1994.