United States v. Leonard James and Otto Sebold

J. JOSEPH SMITH, Circuit Judge:

This is an appeal by Leonard James and Otto Sebold from judgments of conviction entered after trial to a jury in the United States District Court for the Southern District of New York, Constance Baker Motley, Judge, on conspiracy and substantive counts involving the making of false statements in connection with bank loans and securities fraud. We find no reversible error and therefore affirm the judgments.

A three-count indictment was filed on January 27,1978 against James and Sebold, together with Peter Crosby, William Rubin and C. W. Deaton. Count One alleged…