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U.S. v. Wright, No. 94-5644 (6th Cir.) (60 F.3d 240) (July 27, 1995) (Judge Gilbert S. Merritt)

In this case the defendant pled guilty to making false statements in order to obtain three bank loans. The defendant was sentenced on the basis of some $173,000 in "losses" even though the bank suffered no losses because the bank was able to recover the losses from other assets that …

 

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