Summary

Makes any conviction for a fraud offense against a private person, company, fund, or government entity a deportable offense regardless of the dollar amount involved, expands the set of fraud-related offenses that require mandatory immigration detention, and gives U.S. courts the power to void and cancel a person’s naturalization certificate when that person (a naturalized citizen) is convicted of a fraud offense listed as removable. The changes take effect on enactment and include a retroactivity rule for certain frauds committed on or after Sept. 30, 1996, if the person was not previously arrested, charged, or indicted for that fraud. The bill increases immigration enforcement options for fraud convictions (removal and mandatory detention) and allows criminal courts to revoke naturalization and cancel certificates after a qualifying fraud conviction. It creates new enforcement duties for immigration and justice agencies and raises potential legal and due‑process questions about retroactive application and court-based denaturalization procedures.

• Removes the monetary‑loss threshold for fraud: any conviction for fraud against private persons or entities is made deportable.
• Expands mandatory immigration detention to cover the newly deportable fraud offenses.
• Gives criminal courts explicit authority to revoke naturalization and cancel certificates when a naturalized citizen is convicted of a qualifying fraud offense.
• Changes take effect on enactment and apply retroactively to certain frauds committed on/after Sept. 30, 1996 if the person was not previously arrested/charged/indicted.
• No new funding is specified; the bill relies on existing enforcement and judicial processes.
• Increases enforcement workload for DHS, DOJ, and immigration courts and is likely to raise detention and removal caseloads.
• Raises legal and constitutional questions about retroactivity, due process, and whether criminal courts are the appropriate forum for denaturalization.