                                 CODE OF VIRGINIA

FALSE STATEMENTS TO OBTAIN PROPERTY OR CREDIT (§ 18.2-186)

A. A person shall be guilty of a Class 1 misdemeanor if he makes, causes to be
made or conspires to make directly, indirectly or through an agency, any
materially false statement in writing, knowing it to be false and intending that
it be relied upon, concerning the financial condition or means or ability to pay
of himself, or of any other person for whom he is acting, or any firm or
corporation in which he is interested or for which he is acting, for the purpose
of procuring, for his own benefit or for the benefit of such person, firm or
corporation, the delivery of personal property, the payment of cash, the making
of a loan or credit, the extension of a credit, the discount of an account
receivable, or the making, acceptance, discount, sale or endorsement of a bill
of exchange or promissory note.

B. Any person who knows that a false statement has been made in writing
concerning the financial condition or ability to pay of himself or of any person
for whom he is acting, or any firm or corporation in which he is interested or
for which he is acting and who, with intent to defraud, procures, upon the faith
thereof, for his own benefit, or for the benefit of the person, firm or
corporation in which he is interested or for which he is acting, any such
delivery, payment, loan, credit, extension, discount making, acceptance, sale or
endorsement, shall, if the value of the thing or the amount of the loan, credit
or benefit obtained is $1,000 or more, be guilty of grand larceny or, if the
value is less than $1,000, be guilty of petit larceny.

C. Venue for the trial of any person charged with an offense under this section
may be in the county or city in which (i) any act was performed in furtherance
of the offense, or (ii) the person charged with the offense resided at the time
of the offense.

D. As used in this section, &#8220;in writing&#8221; shall include information
transmitted by computer, facsimile, e-mail, Internet, or any other electronic
medium, and shall not include information transmitted by any such medium by
voice transmission.

HISTORY: Code 1950, § 18.1-119; 1960, c. 358; 1966, c. 247; 1975, cc. 14, 15;
1981, c. 197; 1991, c. 546; 2006, c. 321; 2007, c. 518; 2018, cc. 764, 765;
2020, cc. 89, 401.