PELL, Circuit Judge.
At issue in this appeal is whether the district judge abused his discretion in denying defendant Lovelace's motion to withdraw his guilty plea. The appellant argues that no factual basis existed for the guilty plea and that he did not comprehend the consequences of his plea at the time it was entered.
I.
Lovelace was indicted on five counts of fraud. Counts I, II, and III referred to allegedly false statements made by the defendant...
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