PAUL KELLY, Jr., Circuit Judge.
Defendants-appellants Mr. Rothhammer and Mr. Miles appeal their convictions for making false statements to a bank in connection with a loan, in violation of 18 U.S.C. § 1014. Our jurisdiction arises under 28 U.S.C. § 1291 and we reverse.
Background
In 1985, a group of land developers doing business as the Austin Capital Corporation ("ACC") attempted to obtain financing to purchase Van Schaack and Company...
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