United States v. Donald D. Dial and Horace G. Salmon
Court of Appeals for the Seventh Circuit
1Opinion of the Court
POSNER, Circuit Judge.
Donald Dial and Horace Salmon were found guilty by a jury of mail and wire fraud (18 U.S.C. §§ 1341 and 1343) in connection with the trading of silver futures on the Chicago Board of Trade. Dial was sentenced to 18 months in prison to be followed by 5 years on probation, and was fined $16,000. Salmon was sentenced to 5 years on probation with 30 days of this period to be spent in work release (meaning that he will work during the day but sleep in jail), and was fined $15,000 and ordered to do 500 hours of community service.
The main argument of the appeals is that the…
2Cases cited20 opinions
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
- United States v. MazeSupreme Court of the United States · 1974
- Durland v. United StatesSupreme Court of the United States · 1896
- United States v. Jerry R. BohonusCourt of Appeals for the Ninth Circuit · 1980
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3Cited by101 opinions
- United States v. John M. MurphyCourt of Appeals for the Seventh Circuit · 1985
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- Teamsters Local 282 Pension Trust Fund v. Anthony G. AngelosCourt of Appeals for the Seventh Circuit · 1985
- Market Street Associates Limited Partnership and William Orenstein v. Dale FreyCourt of Appeals for the Seventh Circuit · 1991
- United States v. McNairCourt of Appeals for the Eleventh Circuit · 2010
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