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Legal Opinion

Securities and Exchange Commission v. International Loan Network, Inc.

Court of Appeals for the D.C. Circuit

Decided July 10, 1992No. 91-5306PublishedCited by 35 opinions

1Opinion of the Court

Opinion for the court filed by Circuit Judge KAREN LeCRAFT HENDERSON.

KAREN LeCRAFT HENDERSON, Circuit Judge:

[T]he movement of money creates wealth. What we believe is that if you organize people and get money moving, it can actually create wealth.

—Melvin J. Ford 1

Money is always there but the pockets change.

—Gertrude Stein 2

Appellants Melvin J. Ford and Odell Mundey appeal from the district court’s opinion holding that the operation of certain investment programs by the International Loan Network, Inc. (ILN) constitutes the fraudulent offer or sale of unregistered securities in violation of…

2Cases cited8 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
  3. Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973
  4. Fed. Sec. L. Rep. P 94,710 Securities and Exchange Commission v. Koscot Interplanetary, Inc.Court of Appeals for the Fifth Circuit · 1974
  5. Piambino v. BaileyCourt of Appeals for the Fifth Circuit · 1980

3 more not listed; retrieve them via the Exa API.

3Cited by35 opinions

  1. Securities & Exchange Commission v. Banner Fund InternationalCourt of Appeals for the D.C. Circuit · 2000
  2. Securities and Exchange Commission v. Life Partners, Incorporated and Brian D. PardoCourt of Appeals for the D.C. Circuit · 1996
  3. Fed. Sec. L. Rep. P 98,646 Securities and Exchange Commission v. Michael A. Maio and Patricia C. LadavacCourt of Appeals for the Seventh Circuit · 1995
  4. United States v. LeonardCourt of Appeals for the Second Circuit · 2008
  5. Dicello v. Jenkins (In Re International Loan Network, Inc.)District Court, District of Columbia · 1993

30 more not listed; retrieve them via the Exa API.

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