Legal Opinion
United States v. Beverly J. Ramsey, Michael J. Marshall, Stuart A. McCreary and James Joseph O'DOnnell
Court of Appeals for the Seventh Circuit
Decided April 9, 1986No. 85-1650, 85-1675, 85-1676 and 85-1677PublishedCited by 122 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
The defendants in this case portray themselves as more gullible than the victims. The victims were taken in by promises of long-term million-dollar loans at 6% to 8% interest, loans they were told they would never have to pay back. Pie in the sky does not come cheap; victims paid as much as $7,500 for each $1 million of loan. The fees were to be “fully refundable” in the event the loans could not be made. No loan was made, no money refunded. After the scam had been in operation for more than a year, victims as a group had plunked down about $900,000 in cash in…
2Cases cited39 opinions
- Strickland v. WashingtonSupreme Court of the United States · 1984
- United States v. CronicSupreme Court of the United States · 1984
- Cuyler v. SullivanSupreme Court of the United States · 1980
- Kirby v. IllinoisSupreme Court of the United States · 1972
- Baxter v. PalmigianoSupreme Court of the United States · 1976
34 more not listed; retrieve them via the Exa API.
3Cited by122 opinions
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- United States v. BriscoeCourt of Appeals for the Seventh Circuit · 1990
- Herbert F. McGill Plaintiff-Appellee/cross-Appellant v. Jack R. Duckworth, Defendants-Appellants/cross-AppelleesCourt of Appeals for the Seventh Circuit · 1991
- In the Matter of Oil Spill by the Amoco Cadiz Off the Coast of France on March 16, 1978Court of Appeals for the Seventh Circuit · 1992
- Edward and Pamela Reiser, and Janet Greenlee v. Residential Funding CorporationCourt of Appeals for the Seventh Circuit · 2004
117 more not listed; retrieve them via the Exa API.