United States v. Kaplan

PER CURIAM: **

Seven defendants were indicted upon multiple charges of mail fraud and wire fraud, together with conspiracy, in connec*962tion with a fraudulent scheme to obtain advance fees for promised loans (letters of credit) which were never delivered. The six appellants whose combined appeals are now before us present a wide variety of challenges to their convictions.

I. FACTS

During the last part of 1974, a high demand for venture capital to develop real estate stimulated efforts to find money outside of traditional banking channels. All the methods, both legitimate and illegitimate, traded…