Page:United States Statutes at Large Volume 62 Part 1.djvu/1104

This page needs to be proofread.

PUBLIC LAWS-CH. 704-JUNE 29, 1948 by the Secretary of Agriculture to the President for transmission to the Congress. SEC. 14. INTEREST OF MEMBERS OF THE CONGRESS.- The provisions of section 1 of the Act of February 27, 1877, as amended (41 U. S. C ., 9stat.249.S . 1940 edition, 22), shall apply to all contracts or agreements of the Corporation, except contracts or agreements of a kind which the Corporation may enter into with farmers participating in a program of the Corporation. SEC. 15. CRIMES AND OFFENSES. - FALSE STATEMENTS; OVERVALUATION OF SECURITIES Penalty. (a) Whoever makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of influencing in any way the action of the Corporation, or for the purpose of obtaining for himself or another, money, property, or anything of value, under this Act, or under any other Act applicable to the Corporation, shall, upon conviction thereof, be punished by a fine of not more than $10,000 or by imprisonment by not more than five years, or both. EMBEZZLEMENT, AND SO FORTH; FALSE ENTRIES; FRAUDULENT ISSUE OF OBLIGATIONS OF CORPORATION Penalty. (b) Whoever, being connected in any capacity with the Corporation or any of its programs, (i) embezzles, abstracts, purloins, or willfully misapplies any money, funds, securities, or other things of value, whether belonging to the Corporation or pledged or otherwise entrusted to it; or (ii) with intent to defraud the Corporation, or any other body, politic or corporate, or any individual, or to deceive any officer, auditor, or examiner of the Corporation, makes any false entry in any book, report, or statement of, or to, the Corporation, or draws any order, or issues, puts forth or assigns any note or other obligation or draft, mortgage, judgment, or decree thereof; or (iii) with intent to defraud the Corporation, participates or shares in, or receives directly or indirectly any money, profit, property, or benefits through any transaction, loan, commission, contract, or any other act of the Corporation, shall, upon conviction thereof, be punished by a fine of not more than $10,000 or by imprisonment for not more than five years, or both. LARCENY; CONVERSION OF PROPERTY Penalty. (c) Whoever shall willfully steal, conceal, remove, dispose of, or convert to his own use or to that of another any property owned or held by, or mortgaged or pledged to, the Corporation, shall, upon conviction thereof, be punished by a fine of not more than $10,000 or by imprisonment for not more than five years, or both. CONSPIRACY TO COMMIT OFFENSE Penalty. (d) Whoever conspires with another to accomplish any of the acts made unlawful by the preceding provisions of this section shall, upon conviction thereof, be subject to the same fine or imprisonment, or both, as is applicable in the case of conviction for doing such unlawful acts. GENERAL STATUTES APPLICABE (e) All the general penal statutes relating to crimes and offenses against the United States shall apply with respect to the Corporation, its property7 money, contracts and agreements, employees, and opera- tions: P dd, That such general penal statutes shall not apply to the extent that they relate to crimes and offenses punishable under 1074 [62 STAT.