United States v. Woody F. Lemons

Woody F. Lemons was convicted on nine counts based on the bank fraud statute, 18 U.S.C. § 1344 (executing a scheme to defraud a federally insured financial institution), as well as on four related counts. His appeal turns primarily on the reach of § 1344. However, he does not appeal his convictions on five counts, including the first two for bank fraud (which concern several million dollars). Moreover, for those he does challenge, he principally claims (1) that he could not be convicted under § 1344, because he did not receive the money, or other benefit, in issue until after the statutorily…