Article

Criminal Fraud.

Note:

The 10 th Circuit Court of Appeal, Briscoe, J., affirmed the denial of a petition for a writ of coram nobis to vacate two convictions based on guilty pleas for improper banking practices by the District Court of Colorado. As a Director of two Colorado banks, Hogoboom issued a $500,000 LC that was unauthorized and not recorded on the bank's records. The court indicates that Hogoboom was involved in another LC scheme reported in U.S. v. Rothhammer, 64 F.3d 554 Cir. 1995) in which two "straw" borrowers made false statements to cover the issuance of an LC.

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