H.R.8951

Establishes mandatory minimum sentences for certain fraud offenses involving specific monetary thresholds.

The Zero Tolerance for Fraudsters Act of 2026 amends the United States Code to introduce mandatory minimum sentences for certain fraud offenses. For offenses involving amounts between $1,000,000 and $5,000,000, the punishment includes a fine and imprisonment for one to ten years. For offenses involving $5,000,000 or more, the punishment includes a fine and imprisonment for five to twenty years. These sentences apply unless another provision mandates a longer term. The act targets specific sections of the U.S. Code related to fraud and false statements, including mail fraud and wire fraud.