Defended Bank Under Federal Investigation

Lead counsel representing a senior vice president of a federally insured bank against an extensive federal indictment that alleged eight crimes against our client, including bank fraud (one count), misapplication of bank funds (five counts), and federal false statements (two counts).  The Federal Bureau of Investigation (FBI) and the Federal Deposit Insurance Corporation (FDIC) jointly investigated the case, and it was prosecuted by two Assistant U.S. Attorneys from the U.S. Attorney’s Office for the District of Minnesota.  After the U.S. Government rested their case, our attorneys moved the U.S. District Court to dismiss all charges against our client.  The U.S. District Court Judge granted this motion in part and dismissed the two federal false-statement charges.  However, the Judge stated that the U.S. Government’s evidence with respect to the bank fraud and misapplication of bank funds charges was “strong.”  The Judge submitted the remaining six charges to the jury one day later.  On April 6, 2012, after four days of deliberation, the jury returned “not guilty” verdicts for each of the remaining charges, resulting in a complete victory for our client.

*Past results are reported to provide the reader with an indication of the type of litigation we practice. They do not and should not be construed to create an expectation of result in any other case, as all cases are dependent upon their own unique fact situation and applicable law.