United States v. Michael Krzyzaniak
Court of Appeals for the Eighth Circuit
1Opinion of the Court
LOKEN, Circuit Judge.
Michael Joseph Krzyzaniak pleaded guilty to wire fraud and income tax evasion in violation of 18 U.S.C. § 1343 and 26 U.S.C. § 7201. Krzyzaniak admitted in a lengthy plea agreement that he conducted an eight-year scheme to defraud many persons by inducing them to invest more than $20 million in airport Internet terminals; a golf club development called “Palmwood” in Desert Hot Springs, California; an alternative energy project in Colorado; and a race car track in Minnesota. At sentencing, the district court 1 determined the advisory guidelines sentencing range to be 121…
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