United States v. Loutos

MEMORANDUM OPINION AND ORDER

HART, District Judge.

In October 2001, an indictment was returned charging defendant Peter Loutos with eight counts of wire fraud in violation of 18 U.S.C. § 1343 and 2, one count of conspiring to commit money laundering offenses in violation of 18 U.S.C. § 1956(h), and seven substantive counts of money laundering in violation of 18 U.S.C. § 1956(a)(l)(B)(i), 1957, and 2. 1 However, on October 30, 2002, shortly before Loutos and five codefendants were scheduled to begin trial, a superseding information was filed and, in accordance with a written plea agreement,…