C.R.S. Section 18-5-209
Issuing a false financial statement

  • obtaining a financial transaction device by false statements

(1)

A person commits issuing a false financial statement if, with intent to defraud, he:

(a)

Knowingly makes or utters a written instrument which purports to describe the financial condition or ability to pay of himself or another person and which is false in some material respect and reasonably relied upon; or

(b)

Represents in writing that a written instrument purporting to describe another person’s financial condition or ability to pay as of a prior date is accurate with respect to that person’s current financial condition or ability to pay, knowing the instrument to be materially false in that respect and reasonably relied upon.

(2)

Issuing a false financial statement is a class 2 misdemeanor.

(3)

A person commits issuing a false financial statement for purposes of obtaining a financial transaction device, as defined in section 18-5-701 (3), if, with intent to defraud, upon filing an application for a financial transaction device with an issuer, he knowingly makes or causes to be made a false statement or report, which is false in some material respect and reasonably relied upon, relative to his name, occupation, financial condition, assets, or liabilities or willfully and substantially overvalues any assets or willfully omits or substantially undervalues any indebtedness for the purpose of influencing the issuer to issue a financial transaction device.

(4)

Issuing a false financial statement for purposes of obtaining a financial transaction device when such device is used to obtain property or services or money is a class 2 misdemeanor.

(5)

Issuing two or more false financial statements for purposes of obtaining two or more financial transaction devices when such devices are used to obtain property or services or money is a class 6 felony.

Source: Section 18-5-209 — Issuing a false financial statement - obtaining a financial transaction device by false statements, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-18.­pdf (accessed Oct. 20, 2023).

18‑5‑101
Definitions 18‑5‑102
Forgery 18‑5‑104
Second degree forgery 18‑5‑104.5
Use of forged academic record 18‑5‑105
Criminal possession of a forged instrument 18‑5‑107
Criminal possession of second degree forged instrument 18‑5‑108
Merger of offenses 18‑5‑109
Criminal possession of forgery devices 18‑5‑110
Criminal simulation 18‑5‑110.5
Trademark counterfeiting 18‑5‑111
Unlawfully using slugs 18‑5‑112
Obtaining signature by deception 18‑5‑113
Criminal impersonation 18‑5‑114
Offering a false instrument for recording 18‑5‑116
Controlled substances - inducing consumption by fraudulent means 18‑5‑205
Fraud by check - definitions - penalties 18‑5‑206
Defrauding a secured creditor or debtor 18‑5‑207
Purchase on credit to defraud 18‑5‑208
Dual contracts to induce loan 18‑5‑209
Issuing a false financial statement - obtaining a financial transaction device by false statements 18‑5‑210
Receiving deposits in a failing financial institution 18‑5‑211
Insurance fraud - definitions 18‑5‑301
Fraud in effecting sales 18‑5‑302
Unlawful activity concerning the selling of land 18‑5‑303
Bait advertising 18‑5‑304
False statements as to circulation 18‑5‑305
Identification number - altering - possession 18‑5‑307
Fee paid to private employment agencies 18‑5‑308
Electronic mail fraud 18‑5‑309
Money laundering - illegal investments - penalty - definitions 18‑5‑401
Commercial bribery and breach of duty to act disinterestedly 18‑5‑402
Rigging publicly exhibited contests 18‑5‑403
Bribery in sports 18‑5‑501
Definitions 18‑5‑502
Failure to pay over assigned accounts 18‑5‑504
Concealment or removal of secured property 18‑5‑505
Failure to pay over proceeds unlawful 18‑5‑506
Fraudulent receipt - penalty 18‑5‑507
False statement in receipt - penalty 18‑5‑508
Duplicate receipt not marked - penalty 18‑5‑509
Warehouse’s goods mingled - receipts - penalty 18‑5‑510
Delivery of goods without receipt - penalty 18‑5‑511
Mortgaged goods receipt - penalty 18‑5‑512
Issuance of bad check 18‑5‑701
Definitions 18‑5‑702
Unauthorized use of a financial transaction device 18‑5‑705
Criminal possession or sale of a blank financial transaction device 18‑5‑706
Criminal possession of forgery devices 18‑5‑707
Unlawful manufacture of a financial transaction device 18‑5‑801
Definitions 18‑5‑802
Equity skimming of real property 18‑5‑803
Equity skimming of a vehicle 18‑5‑804
Civil action 18‑5‑901
Definitions 18‑5‑902
Identity theft 18‑5‑903
Criminal possession of a financial device 18‑5‑903.5
Criminal possession of an identification document 18‑5‑904
Gathering identity information by deception 18‑5‑905
Possession of identity theft tools
Green check means up to date. Up to date

Current through Fall 2024

§ 18-5-209’s source at colorado​.gov