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UNITED STATES v. BROWN

Nos. 82-1581, 82-1582.

739 F.2d 1136 (1984)

UNITED STATES of America, Plaintiff-Appellee, v. Ivan W. BROWN and Gordon M. Kenngott, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided May 4, 1984.

As Amended on Denial of Rehearing and Rehearing July 10, 1984.

Certiorari Denied October 29, 1984.

Attorney(s) appearing for the Case

Janet L. Jannusch, Asst. U.S. Atty., Gerald D. Fines-U.S. Atty., Peoria, Ill., for plaintiff-appellee.

Steven Skelton, Bloomington, Ill., Ann C. Tighe, Cotsirilos & Crowley, Ltd., Chicago, Ill., for defendants-appellants.

Before CUMMINGS, Chief Judge, and PELL and WOOD, Circuit Judges.

As Amended on Denial of Rehearing In Banc and Rehearing July 10, 1984.

Certiorari Denied October 29, 1984. See 105 S.Ct. 331.

HARLINGTON WOOD, Jr., Circuit Judge.

This case is about four people (the two defendants along with two unindicted co-conspirators) who allegedly engaged in a fraudulent loan brokerage business wherein they induced investors into advancing funds for the purchase of so-called "ICC-290 letters of credit," which were not the investments...

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