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Loughrin v. U.S., No. 13-316 (U.S. Supreme Court) (573 U.S. 351; 134 S.Ct. 2384) (June 23, 2014) (Justice Kagan)

The Federal bank fraud statute, 18 U.S.C. § 1344, imposes a sentence of up to 30 years in prison for anyone who “knowingly executes, or attempts to execute, a scheme or artifice –

(1) to defraud a financial institution; or

(2) to obtain any of the moneys, funds, credits, assets, ...

 

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