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UNITED STATES v. SCHOENHUT

No. 77-1793.

576 F.2d 1010 (1978)

UNITED STATES of America, Appellant, v. William F. SCHOENHUT, Jr.

United States Court of Appeals, Third Circuit.

Decided April 17, 1978.

As Amended May 15, 1978.

Attorney(s) appearing for the Case

David W. Marston, U.S. Atty., Walter S. Batty, Jr., Peter J. Smith, Asst. U.S. Attys., Philadelphia, Pa., for appellant.

Morris Paul Baran, Philadelphia, Pa., for appellee.

Before ROSENN and HIGGINBOTHAM, Circuit Judges, and BARLOW, District Judge.

OPINION OF THE COURT

ROSENN, Circuit Judge.

In response to a lack of public trust in banking fostered during the Great Depression, Congress enacted legislation to protect the integrity of federally insured banks. Criminal penalties were included in this legislation to prevent actions of bank officers and other employees contrary to the public interest. The defendant, William F. Schoenhut, Jr., an officer of a federally insured bank, was found guilty by a...

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