United States Ninth Circuit

Defendant's sentence for wire fraud, money laundering, and tax evasion for a scheme in which he induced patrons of a charitable organization to purchase his shares in a for-profit company by misrepresenting that the value of the shares would soon skyrocket, is affirmed, where the district court did not err in applying a sentencing enhancement for an offense involving "a misrepresentation that the defendant was acting on behalf of a charitable organization" because, by presenting the investment opportunity as his means of donating to the charitable organization, defendant misrepresented that he was acting "to obtain a benefit on behalf of" the organization.

Appellate Information

• Decided 08/22/2013
• Published 08/22/2013

Judges

• CHRISTEN

Court

• United States Ninth Circuit

Counsel