Legal Opinion
United States v. Jay Ellsworth Krepps
Court of Appeals for the Third Circuit
Decided October 22, 1979No. 78-2637PublishedCited by 67 opinions
1Opinion of the Court
OPINION OF THE COURT
ADAMS, Circuit Judge.
By virtue of 18 U.S.C. § 656, officers of national as well as of other federally insured banks are prohibited from willfully misapplying bank funds — that is, converting such funds to their own or to someone else’s use. In United States v. Gallagher, 576 F.2d 1028 (3d Cir. 1978), this Court held that when a bank officer grants a loan to a named debtor with knowledge that the proceeds will be turned over to a third person, the bank officer has not violated § 656 unless he also knows that the named debtor lacks either the ability or the intent to repay…
2Cases cited30 opinions
- Agnew v. United StatesSupreme Court of the United States · 1897
- United States v. BrittonSupreme Court of the United States · 1883
- United States v. J. Joseph Kennedy, United States of America v. Robert J. Myers, United States of America v. Lawrence F. CarlsonCourt of Appeals for the Ninth Circuit · 1977
- United States v. Travis Leon Wilson, Orrin Shaid, Jr., Louis Levin, Jerald Aaron White, Jasonn. Winthrop and David Levi WhiteCourt of Appeals for the Fifth Circuit · 1974
- Mulloney v. United StatesCourt of Appeals for the First Circuit · 1935
25 more not listed; retrieve them via the Exa API.
3Cited by67 opinions
- United States v. Louis RochesterCourt of Appeals for the Fifth Circuit · 1990
- Elanith Valansi v. John Ashcroft, Attorney General of the United StatesCourt of Appeals for the Third Circuit · 2002
- United States v. David Bruun and Ronald BerkovitzCourt of Appeals for the Seventh Circuit · 1987
- United States v. Gary L. Shively, United States of America v. G. Winfield PardeeCourt of Appeals for the Seventh Circuit · 1983
- United States v. John Christo, Jr.Court of Appeals for the Fifth Circuit · 1980
62 more not listed; retrieve them via the Exa API.