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U.S. v. BERMAN

Nos. 93-2590, 93-2637.

21 F.3d 753 (1994)

UNITED STATES of America, Plaintiff-Appellee, v. Irwin BERMAN and Joseph E. Gussen, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided April 12, 1994.

Attorney(s) appearing for the Case

Matthew L. Jacobs, Asst. U.S. Atty. (argued), Milwaukee, WI, for U.S.

Thomas G. Halloran, Annice Kelly (argued), Fox & Fox, Madison, WI, for Irwin Berman.

David P. Lowe, Jacquart & Lowe, Milwaukee, WI, Robert B. Schulman, Joshua R. Treem (argued), Harry Levy, Schulman, Treem, Kaminkow & Gilden, Baltimore, MD, for Joseph E. Gussen.

Before POSNER, Chief Judge, and COFFEY and KANNE, Circuit Judges.

POSNER, Chief Judge.

The defendants were convicted of violating 18 U.S.C. § 658, which punishes anyone who, with intent to defraud, knowingly converts any property "mortgaged or pledged to" a federal or federally supported farm credit agency, such as the Farmers Home Administration. They were given prison sentences of 16 and 18 months, respectively, and ordered to make restitution of almost $500,000 to the unsecured creditors of D.C. Equipment, Inc. That firm...

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