Stolen Valor Act of 2011 - Amends the federal criminal code to subject an individual who, with intent to obtain anything of value, knowingly makes a misrepresentiation regarding his or her military service to: (1) a fine, one year's imprisonment, or both if the misrepresentation is that such individual served in a combat zone or in a special operations force or was awarded the Congressional Medal of Honor; and (2) a fine, six months' imprisonment, or both, in any other case.
Provides that: (1) this Act shall not apply to a misrepresentation that an individual did not serve in the Armed Forces, and (2) it is a defense to prosecution that the thing of value is de minimis.