United States v. Del Ray Keith Chandler

DAVIS, District Judge.

Del Ray Keith Chandler appeals from his convictions 1 for misapplication of bank funds, 18 U.S.C. § 657, offering a gratuity, 18 U.S.C. § 215(a)(1), and accepting a gratuity, 18 U.S.C. § 215(a)(2). We affirm.

In October 1985, Chandler, along with David Siegel and Warren Halperin (the “purchasers”), each acquired a one-third interest in 93 percent of the stock of West Helena Savings and Loan (“WHS & L”). Each purchaser was to obtain a loan in the amount of $235,000 from the First American Bank of Los Angeles (“First American”) to finance the purchase of the WHS & L stock.…