United States v. Bruce Bonnett

BRORBY, Circuit Judge.

Bruce Bonnett appeals his conviction of one count of conspiracy to violate 18 U.S.C. § 1344 (Supp. II 1984) in violation of 18 U.S.C. § 371 (1982), and fifty-six counts of bank fraud in violation of 18 U.S.C. § 1344 (Supp. II 1984). We AFFIRM.

Facts

The First National Bank of Sapulpa, Oklahoma, (Bank) was chartered and opened in 1982. In May 1984, Mr. Bonnett purchased approximately five percent of the capital stock of Bank and began purchasing certificates of deposit eventually totalling $760,000. When Mr. Bonnett first purchased certificates of deposit he came into Bank…