U.S. v. Stanley, No. 94-1337 (2nd Cir.) (54 F.3d 103) (April 28, 1995) (Judge Joseph M. McLaughlin)
Case held that loss could properly be based on the difference between the value of the bonds in question when fraud began and value at time fraud was discovered, regardless of intent of bank to hold bonds to maturity.
This is the second appeal for this defendant and it again …
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