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U.S. v. JOHNSON

No. 92-3085.

16 F.3d 166 (1994)

UNITED STATES of America, Plaintiff-Appellee, v. Jim JOHNSON, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided February 7, 1994.

Attorney(s) appearing for the Case

Barry R. Elden and Matthew M. Schneider (argued), Asst. U.S. Attys., Office of the U.S. Atty., Criminal Receiving, Appellate Div., Chicago, IL, for plaintiff-appellee.

Carl P. Clavelli (argued), Chicago, IL, for defendant-appellant.

Before COFFEY, FLAUM, and KANNE, Circuit Judges.

KANNE, Circuit Judge.

This case presents the question of how "intended or probable loss" should be calculated under Sentencing Guideline Section 2F1.1(b)(1) in a case of a fraudulently obtained loan.

Jim Johnson was convicted of making false statements to a financial institution in order to obtain $52,000 in loans in violation of 18 U.S.C. § 1344 and of using a false social security number for purposes of obtaining a loan in violation of 42 U.S.C. §...

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