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U.S. v. HAUCK

No. 91-1437.

980 F.2d 611 (1992)

UNITED STATES of America, Plaintiff-Appellee, v. Douglas HAUCK, Defendant-Appellant.

United States Court of Appeals, Tenth Circuit.

November 17, 1992.

Attorney(s) appearing for the Case

John M. Richilano, Denver, Colo., for defendant-appellant.

John M. Haried, Asst. U.S. Atty. (Michael J. Norton, U.S. Atty., with him on the brief), Denver, Colo., for plaintiff-appellee.

Before BRORBY, McWILLIAMS and KELLY, Circuit Judges.

PAUL KELLY, Jr., Circuit Judge.

Background

Defendant-appellant Douglas Hauck was a licensed real estate agent in Colorado. Together with Daniel Hoover and Richard Jorgenson, the principals of an organization called RAM Marketing, Mr. Hauck began to utilize several "no-money-down" schemes to sell properties, including "coinvesting" with buyers who could not qualify for loans. Mr. Hauck supplied downpayment

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