S 8594

Abstract

Enacts the "restoring integrity and preventing outright fraud in financial systems" or "R.I.P.O.F.F." act; increases penalties for a scheme to defraud; broadens the definitions of commercial bribery and bribing a public servant; creates the crime of structuring; expands jurisdiction for tax revenue deprivation; increases penalties for defrauding the government and certain persons over the age of sixty-five.