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U.S. v. JAFFE

No. 03-3298.

387 F.3d 677 (2004)

UNITED STATES of America, Plaintiff-Appellee, v. Sherman F. JAFFE, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided November 1, 2004.

Attorney(s) appearing for the Case

Ricardo Meza (argued), Office of the United States Attorney, Chicago, IL, for Plaintiff-Appellee.

Paula W. Render, Brooke P. Weinstein (argued), Bell, Boyd & Lloyd, Chicago, IL, for Defendant-Appellant.

Before EASTERBROOK, EVANS, and SYKES, Circuit Judges.

TERENCE T. EVANS, Circuit Judge.

With personal and financial problems mounting, attorney Sherman Jaffe admittedly showed poor judgment when he financed the purchase of a Chicago property with a fraudulently obtained mortgage loan of more than $60,000 for a property worth just $25,000. The key question in this case is whether Jaffe, who specialized in real estate law for some 30 years and had a real estate broker's license...

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