United States v. Friedman

LYNCH, Circuit Judge.

Arnold I. Friedman was convicted of defrauding several federally insured banks and ordered at sentencing to pay restitution to the Federal Deposit Insurance Corporation (FDIC), the victim of his offenses. Before sentencing, the district court granted the government’s ex parte order to seize the net proceeds of the sale of his family’s oeeanfront condominium to satisfy any court-imposed penalties. The government appeals an order by the district court allowing Unisource Worldwide, Inc. (Unisource), a creditor of defendant’s business who had a guarantee from defendant’s wife…