United States v. James Seeley Cyphers

EAST, District Judge:

Defendant James Seeley Cyphers appeals from his judgment of conviction and sentence to five years probation for violating 18 U.S.C. § 2315, selling stolen securities in excess of $5,000 in value which were “moving as ... a part of, or . constitute[d] interstate or foreign commerce . . .” We affirm.

I. Statement of the Case

Cyphers was indicted on March 1, 1978, for selling stolen Series E savings bonds to an undercover FBI agent. He waived his right to a jury and the case was tried by the District Court.

Cyphers admitted knowledge of the bonds’ stolen character at the time…