False claims prohibited; penalty

Va. Code Ann. § 36-175, under Chapter 12. First-time Home Buyer Savings Plan Act..

Va. Code Ann. § 36-175

A person who knowingly prepares or causes to be prepared a false claim, receipt, statement, or billing to avoid or evade taxes or penalties upon the withdrawal of money or funds from an account for which the account holder claims first-time home buyer savings account status is guilty of a Class 1 misdemeanor.