Zero Tolerance for Fraudsters Act of 2026

TL;DR (AI)

• The bill establishes mandatory minimum prison sentences ranging from one to twenty years and fines for specific fraud offenses involving financial losses between $1,000,000 and $5,000,000.
• It amends federal criminal codes to apply these minimum sentences to offenses including false statements, making false claims, and mail and wire fraud.
• The new sentencing requirements do not supersede existing statutes that already prescribe longer prison terms for these offenses.