2006 Code of Virginia § 18.2-195.2 - Fraudulent application for credit card; penalties

18.2-195.2. Fraudulent application for credit card; penalties.

A. A person shall be guilty of a Class 2 misdemeanor if he makes, causes tobe made or conspires to make, directly, indirectly or through an agency, anymaterially false statement in writing concerning the financial condition ormeans or ability to pay of himself or of any other person for whom he isacting or any firm or corporation in which he is interested or for which heis acting, knowing the statement to be false and intending that it be reliedupon for the purpose of procuring a credit card. However, if the statementis made in response to a written solicitation from the issuer or an agent ofthe issuer to apply for a credit card, he shall be guilty of a Class 4misdemeanor.

B. A person who knows that a false statement has been made in writingconcerning the financial condition or ability to pay of himself or of anyperson for whom he is acting or any firm or corporation in which he isinterested or for which he is acting and who (i) with intent to defraud,procures a credit card, upon the faith thereof, for his own benefit, or forthe benefit of the person, firm or corporation, and (ii) fails to pay formoney, property, services or any thing of value obtained by use of the creditcard, shall be guilty of grand larceny if the value so obtained is $200 ormore or a Class 1 misdemeanor if the value is less than $200.

(1991, c. 546.)