United States v. Baxt

OPINION

ORLOFSKY, District Judge.

This case presents the vexatious and troublesome question of when and under what circumstances an indictment must be dismissed for “preindictment delay.” On February 19, 1999, Defendant, Paul Baxt (“Baxt”), was indicted for misrepresenting his financial assets on loan applications submitted to Summit Trust Company (“Summit Trust”) in violation of 18 U.S.C. §§ 1014 and 2. 1 See Indictment (filed Feb. 19, 1999). The last of the activities for which Baxt was indicted occurred in May, 1989, nearly ten years before the indictment was finally obtained on February 19,…