Illinois Compiled Statutes 765 ILCS 940/65 – Criminal penalties
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Illinois Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class 2 felony | between 3 and 7 years | up to $25,000 |
Terms Used In Illinois Compiled Statutes 765 ILCS 940/65
- Fraud: Intentional deception resulting in injury to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
A person who commits the offense of criminal mortgage rescue fraud is guilty of a Class 2 felony.