United States v. Shearn Moody, Jr.

JERRY E. SMITH, Circuit Judge:

For nearly a generation, Shearn Moody, Jr. (“Moody”), served as a trustee of the philanthropic Moody Foundation (the “Foundation”), endowed by the will of his wealthy grandfather for the perpetual benefit of all Texans. The government maintains that Moody applied his influence as trustee to siphon, for his personal benefit, approximately $1.3 million in grants from the $460 million charitable trust. Specifically, he allegedly directed grants to fictitious tax-exempt organizations that had clandestinely pledged, in return for Foundation contributions, to subsidize…