Virginia Code § 18.2-238 makes it a Class 6 felony to buy or receive certain metals, such as pig iron or copper, with the intent to defraud. Possession of these metals from unauthorized sources is prima facie evidence of such intent. The law aims to prevent metal theft and fraud involving industrial metals.
The law covers pig iron, railroad, telephone, telegraph, coal mining, industrial, manufacturing, and public utility metals like brass, copper, and other alloys.
Buying or receiving these metals with the intent to defraud, or possessing them from unauthorized sources, can lead to criminal charges under this law.
Violating this law is classified as a Class 6 felony, which can result in penalties including imprisonment, fines, or both.
Possession of metals from sources other than authorized dealers or manufacturers is prima facie evidence, meaning it strongly suggests intent to commit fraud.