Monthly Archives: April 2017

“Restitution for a Reckless Bank? A Dubious Remedy Indeed” – Judge Posner’s Bank of America Smackdown

Judge Richard Posner of the Seventh Circuit—love him or hate him—just wrote a(nother) scathing opinion. He remanded a criminal restitution order, concluding that Bank of America was not entitled to any restitution for fraudulent mortgage loans because of the bank’s … Continue reading

Posted in Appeal, Restitution, Sentencing | Leave a comment

Bingo! A Defense Win Limits Broad Use of Mail Fraud Statute

The only thing I like better than seeing a defense lawyer win is seeing a friend who is a defense lawyer win. A friend of mine, Jay Nanavati, led a case to victory in the Northern District of West Virginia, … Continue reading

Posted in Dismissal of charges in indictment, Mail Fraud, Money Laundering | 2 Comments