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October 17, 2016

Partner Christina DiGirolamo Wahl on Bank Fraud Statute

The Supreme Court heard oral argument in Shaw v. U.S., No. 15-5991, on October 4, 2016. A key issue in this case is whether the bank-fraud statute, 18 U.S.C. 1344(1), which makes it a crime to execute, or attempt to execute, a scheme to defraud a financial institution, requires proof of a specific intent not only to deceive, but also to cheat, a bank out of funds.

For the full article by Christina DiGirolamo Wahl, click here.