United States v. John Christo, Jr.

GARZA, Circuit Judge:

At all times pertinent to this case, John Christo, Jr. was Chairman of the Board and majority stockholder of Bay National Bank & Trust Company (BNBT) and the First National Bank of Panama City, Florida (First National). On October 12, 1978 a twenty-nine count Indictment was returned against him charging twenty-one counts of “misapplication of bank funds” contrary to 18 U.S.C. § 656 1 and 12 U.S.C. § 375a; 2 six counts of making or causing to be made “false statements” contrary to 18 U.S.C. § 1001; and two counts of making or causing to be made “false entries” contrary to…