United States v. Bolla, Steven

Opinion for the Court filed by Circuit Judge ROBERTS.

ROBERTS, Circuit Judge:

Under the Sentencing Guidelines, punishment for certain economic crimes depends in part on the value of the accompanying loss. Appellant Stephen M. Bolla disputes the district court’s computation of the loss associated with his filing a false Statement of Financial Condition in connection with a Securities and Exchange Commission (SEC) civil action. Concluding that Bolla lied on his financial statement to evade the maximum penalty possible in the SEC action, the district court found an intended loss of $90,000, and…