Legal Opinion
United States v. Frank Castaldi
Court of Appeals for the Seventh Circuit
Decided February 24, 2014No. 10-3406, 12-1361PublishedCited by 48 opinions
1Opinion of the Court
HAMILTON, Circuit Judge.
Defendant Frank A. Castaldi made an entire career out of a Ponzi scheme. When it collapsed in December 2008, net losses to the investors and the Internal Revenue Service totaled roughly $40 million. When the scheme was on the brink of collapse, Castaldi found a lawyer and turned himself in to the government. He eventually pled guilty to just one count of mail fraud, 18 U.S.C. § 1341, and one count of corruptly impeding the IRS, 26 U.S.C. § 7212(a). The district court imposed the longest prison sentence possible under the plea agreement — maximum consecutive sentences…
2Cases cited24 opinions
- United States v. OlanoSupreme Court of the United States · 1993
- Ponzi v. FessendenSupreme Court of the United States · 1922
- United States v. Karl CunninghamCourt of Appeals for the Seventh Circuit · 2005
- Cunningham v. BrownSupreme Court of the United States · 1924
- In Re Bernard L. Madoff Investment Securities LLCCourt of Appeals for the Second Circuit · 2011
19 more not listed; retrieve them via the Exa API.
3Cited by48 opinions
- United States v. Parrish KappesCourt of Appeals for the Seventh Circuit · 2015
- United States v. Timothy DurhamCourt of Appeals for the Seventh Circuit · 2014
- United States v. Stephanie DonelliCourt of Appeals for the Seventh Circuit · 2014
- United States v. Otis SykesCourt of Appeals for the Seventh Circuit · 2018
- United States v. Orlando RosalesCourt of Appeals for the Seventh Circuit · 2016
43 more not listed; retrieve them via the Exa API.