1347
Counterfeited and Forged State and Corporate
Securities
-- Discussion of the Offenses
|
Title 18 U.S.C. § 513(a) makes it a federal crime to make,
utter,
or possess a counterfeit security of a state (or a political subdivision
thereof)
or an organization. It also makes it a crime to make, utter or possess such
a
forged security with intent to deceive another person, organization, or
government. A forged security includes one which has a forged endorsement
on it.
Subsection (b) makes it a federal crime for anyone to make,
receive,
possess, sell, or otherwise transfer an implement designed for, or
particularly
suited for, making a counterfeit or forged security, with the intent that it
be
so used.
Section 513 of title 18 does not cover personal checks or United
States
governmental securities, nor does it cover securities issued by foreign
governments. The counterfeiting and forgery of United States and foreign
governmental securities is covered by offenses in Chapter 25 of Title 18,
United
States Code (e.g., 18 U.S.C. §§ 471, 472, 473, 478 and 479).
Counterfeiting and forging of the securities of a foreign corporation
including
a foreign bank, are, however, covered by 18 U.S.C. § 513.
[cited in USAM 9-61.500] | |