Supreme Court upholds broad reach of bank fraud law

Law Firm News

The Supreme Court is upholding the broad reach of a federal law prohibiting bank fraud.

The unanimous ruling on Monday came in the case of a California man who illegally siphoned about $307,000 out of a Taiwanese businessman's Bank of America bank account.

Justice Stephen Breyer rejected Lawrence Shaw's claim that the law applies only when a defendant intends to cheat the bank itself ? not a bank customer. Breyer said the bank has property interests in the customer's account and that Shaw misled the bank to steal the customer's money.

The justices sent the case back to a lower court to decide whether the jury instructions in Shaw's case were correct.

Related listings

  • Supreme Court stays execution of Alabama inmate

    Supreme Court stays execution of Alabama inmate

    Law Firm News 11/04/2016

    The U.S. Supreme Court on Thursday night stayed the execution of an Alabama man convicted of the 1982 shooting death of a woman's husband in a murder-for-hire arrangement. Five justices voted to stay the execution of Tommy Arthur as the high court co...

  • Lithuania wants Gorbachev to testify in war crimes trial

    Lithuania wants Gorbachev to testify in war crimes trial

    Law Firm News 11/01/2016

    A Lithuanian court has called former Soviet leader Mikhail Gorbachev to testify in a mass trial related to the 1991 crackdown on the country's independence movement. Gorbachev and Russian authorities haven't answered previous requests so it's unlikel...

  • Kansas court upholds death sentence in 1996 slaying

    Kansas court upholds death sentence in 1996 slaying

    Law Firm News 11/01/2016

    Kansas' highest court on Friday upheld the death sentence of a man convicted of killing a college student 20 years ago. The Kansas Supreme Court let stand Gary Kleypas' death sentence in the 1996 rape and stabbing death of 20-year-old Pittsburg State...

Any contracts or any transactions can go awry at any time

We know your business means a lot to you and want to understand all the aspects of your business so that we can help you in the best ways possible. We don’t discriminate depending on the size of your company. Our mission statement is to represent all business owners and entrepreneurs by navigating them through the rough waters of business litigation and guiding them to success.

We are attorneys who want to make sure we understand your business objectives and goals before we start providing you with legal counsel individualized to your business. We know what it means to be dedicated to your business. After all, we are a business as well. And just like you, we want to provide the best service we can to our clients.

Any contracts or any transactions can go awry at any time. Sometimes, making important business decisions without legal help from business attorneys could cost you your business.We don’t want you or your business to be misconstrued by anyone. Our attorneys make sure that we communicate with you often to make sure we are giving you the legal guidance you need at all times. We make sure we are responsive in a timely-manner with every single one of our clients to help them identify risks and prevent legal battles before they arise.

Business News

Clayton, MO Federal Criminal Defense Attorney The Law Offices of John M. Lynch, LLC, provides strong representation for clients with federal criminal defense. >> read
DuPage IL worker's comp lawyers The law firm of Krol, Bongiorno & Given, Ltd. has been a leader in the field of workers’ compensation law in DuPage, Illinois. >> read