United States v. Robert E. Hausmann

In April of 1977 a tornado struck the town of Monahans, Texas. Among the buildings damaged was the office of Dr. Robert E. Hausmann, a dentist. Hausmann subsequently secured a disaster relief loan of $124,000 from the Small Business Administration. After the loan was approved but before the funds were disbursed, Hausmann provided receipts to the SBA documenting his repair expenditures. After Hausmann defaulted on the loan, the government discovered that he had not used the loan proceeds in the manner the receipts indicated. This led to Hausmann’s indictment and conviction on seven counts of…