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UNITED STATES v. ARMSTRONG

Nos. 80-1507 to 80-1509.

654 F.2d 1328 (1981)

UNITED STATES of America, Plaintiff-Appellee, v. William Todd ARMSTRONG, Kenneth W. Myrick, and Owen K. Stephenson, Defendants-Appellants.

United States Court of Appeals, Ninth Circuit.

Decided August 17, 1981.

Rehearing and Rehearing Denied October 16, 1981.

Attorney(s) appearing for the Case

Anne Flower Cumings, Cumings & Jordan, San Francisco, Cal., for Armstrong.

Stephen Zalkind, San Francisco, Cal., for Stephenson.

No appearance for Myrick.

John Burns, Asst. U. S. Atty., San Francisco, Cal., for United States.

Before MERRILL and WRIGHT, Circuit Judges, and EAST, District Judge.

Rehearing and Rehearing En Banc Denied October 16, 1981.

EAST, District Judge:

The above-named defendants-appellants (Armstrong, Myrick, and Stephenson) appeal their respective judgments of conviction and sentence for federal frauds. We note our jurisdiction under 28 U.S.C. § 1291 and affirm.

BACKGROUND

Appellants were engaged in a scheme soliciting advance fees for loan guarantee agreements. Myrick and Stephenson were the principals...

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