United States Seventh Circuit

Defendant, convicted of mail fraud, unsuccessfully challenges a four-level increase in his sentence under U.S.S.G. section 2F1.1(b)(6). "Investment companies" are "financial institutions," and a financial institution created solely for the purpose of defrauding investors can be considered a victim of a scheme to defraud, for purposes of imposing that guideline.

Appellate Information

• Decided 03/15/2004
• Published 03/15/2004

Judges

Court

• United States Seventh Circuit

Counsel