This bill amends existing laws related to financial crimes in Louisiana, specifically addressing illegal transmission of monetary funds and bank fraud. It introduces new penalties for individuals convicted of these offenses for a second or subsequent time, mandating imprisonment for one to ten years and potential fines up to $100,000. Additionally, it requires convicted individuals to make full restitution to victims in accordance with the Code of Criminal Procedure. The bill also clarifies definitions related to the terms "radio signal" and "wire" in the context of these crimes.

Furthermore, the bill enacts a new provision in the Code of Evidence that allows for the admissibility of certain evidence in prosecutions for bank fraud and related offenses. This includes evidence of previously cashed or deposited counterfeit checks, attempts to cash or deposit such checks, and communications from law enforcement regarding the fraudulent nature of these transactions. These changes aim to strengthen the legal framework surrounding financial crimes and enhance the prosecution's ability to present relevant evidence in court.

Statutes affected:
HB375 Original: 14:8(B), 14:1(B)
HB375 Engrossed: 14:8(B), 14:1(B)
HB375 Reengrossed: 14:8(B), 14:1(B)
HB375 Enrolled: 14:8(B), 14:1(B)
HB375 Act : 14:8(B), 14:1(B)