High Court Eschews Technicalities In Bank Fraud Law Ruling

By A. Katherine Toomey ( December 13, 2016, 5:12 PM EST) -- On Monday, Dec. 12, the U.S. Supreme Court issued a unanimous decision clarifying subsection 1 of the bank fraud statute, 18 U.S.C. §1344, in Shaw v. United States. The bank fraud statute makes it a federal crime to "execute[], or attempt[]to execute, a scheme or artifice —...

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