United States v. Lay

MEMORANDUM OPINION ANALYZING THE SENTENCING FACTORS SET FORTH IN 18 U.S.C. SECTION 3553(a)

DAVID D. DOWD, JR., District Judge.

I.Introduction

The Court conducted the sentencing hearing of the defendant on July 3, 2008. The Court determined that the defendant’s total offense level was 39 with a criminal history category of I calling for a sentene-ing range under the advisory sentencing guidelines of 262 to 327 months.

The total offense level of 39 had the following three components:

1. Based offense level 7

2. Specific offense characteristic based on a loss of more than $200 million 28

3. As the…