Criminal Policy in the Sphere of Property Protection (Using Art. 159.1 of the Criminal Code of the Russian Federation)
The paper examines criminal policy in the area of property protection (using the example of Art. 159.1 of the Criminal Code of the Russian Federation). The credit and banking organizations suffer certain losses from fraud, even though banks spend considerable amounts of money to protect their and their clients’ property. It was relatively recently that the lawmakers singled out loan fraud as a specific Article, so there are certain difficulties in determining its characteristics and types in the practice of law enforcement. Comprehensive security in the banking sphere is a critical condition of the normal functioning of the economy, the main direction of the financial security of the Russian Federation and, due to this, is among the basic functions of the state. The author also examines the problems of qualification and formulates suggestions on the enforcement of Art. 159.1 of CC of the RF.