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UNITED STATES v. WELLS

No. 95-1228.

519 U.S. 482 (1997)

UNITED STATES v. WELLS et al.

United States Supreme Court.

Decided February 26, 1997.

Attorney(s) appearing for the Case

Deputy Solicitor General Dreeben argued the cause for the United States. With him on the briefs were Solicitor General Days, Acting Solicitor General Dellinger, Acting Assistant Attorney General Keeney, Paul A. Engelmayer, and William C. Brown.

James R. Wyrsch argued the cause for respondents. With him on the brief was Ronald D. Lee.*

Souter, J.,delivered the opinion of the Court, in which Rehnquist, C. J., and O'Connor, Scalia, Kennedy, Thomas, Ginsburg, and Breyer, JJ., joined. Stevens, J., filed a dissenting opinion, p. 500.

Justice Souter, delivered the opinion of the Court.

The principal issue before us is whether materiality of falsehood is an element of the crime of knowingly making a false statement to a federally insured bank, 18 U. S. C. § 1014. We hold that it is not.

I

In 1993, the Government charged respondents, Jerry Wells and Kenneth Steele, with violating and conspiring to violate the cited statute as officers and part owners of Copytech Systems, Inc...

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