United States v. Billy K. Hargis

Hargis appeals from convictions on Counts 1, 4, 5, 6, 7, 8 and 9 of a 10-count indictment alleging that he defrauded a federally-insured bank in violation of Title 18, Sections 1343 (wire fraud), 1341 (mail fraud), and 1014 (false statements).

Count 1 charged the defendant with a scheme to defraud the First National Bank of Chicago by seeking to obtain a loan of $800,000 upon false representations through the use of the telephone on March 27, 1973. Each of Counts 4, 5, 6 and 7 charged that in executing that scheme Hargis caused a different sum of money to be transferred by wire. Count 8…