United States v. Michael Patrick Otto

FENNER, District Judge.

Appellant, Michael Patrick Otto, appeals his sentence after pleading guilty to eleven counts of bank fraud in a thirteen count indictment against him in the United States District Court for the District of Minnesota. Additionally, Otto agreed to have transferred from the Southern District of Florida and to plead guilty to a one-count indictment charging him with bank fraud in Florida.

Otto’s charges stemmed from a “check-kiting” scheme he utilized to create and maintain falsely inflated balances in accounts at several federally insured financial institutions. Otto used…