Legal Opinion
United States v. Larry D. Bach
Court of Appeals for the Seventh Circuit
Decided April 16, 1999No. 98-3403PublishedCited by 36 opinions
1Opinion of the Court
POSNER, Chief Judge.
The defendant pleaded guilty (with a reservation of one issue, whether the statute of limitations had run) to violating the federal mail fraud statute, 18 U.S.C. § 1341, by operating a Ponzi scheme. He was sentenced to 30 months in prison and ordered to pay $674,325.84 in restitution to his victims.
Bach pretended to sell lucrative interests in oil and gas leases — in one case promising the investor a guaranteed monthly payment of $934 for every $25,000 invested. The scheme ended in December 1992, but Bach was not indicted until June 1996. The statute of limitations for…
2Cases cited21 opinions
- Schmuck v. United StatesSupreme Court of the United States · 1989
- United States v. LaneSupreme Court of the United States · 1986
- Toussie v. United StatesSupreme Court of the United States · 1970
- Joseph F. Cada v. Baxter Healthcare CorporationCourt of Appeals for the Seventh Circuit · 1991
- United States v. MazeSupreme Court of the United States · 1974
16 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- United States v. Gary R. GeorgeCourt of Appeals for the Seventh Circuit · 2005
- Doe v. Exxon Mobil Corp.Court of Appeals for the D.C. Circuit · 2011
- United States v. MonzelCourt of Appeals for the D.C. Circuit · 2011
- United States v. Bette J. Pree, Also Known as Betts PreeCourt of Appeals for the Seventh Circuit · 2005
- United States v. Nazih TadrosCourt of Appeals for the Seventh Circuit · 2002
31 more not listed; retrieve them via the Exa API.