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U.S. v. ELLIOTT

No. 05-4623.

467 F.3d 688 (2006)

UNITED STATES of America, Plaintiff-Appellee, v. Alfred ELLIOTT, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided November 2, 2006.

Rehearing and Rehearing En Banc Denied December 1, 2006.

Attorney(s) appearing for the Case

Brandon Fox, Office of the United States Attorney, Chicago, IL, for Plaintiff-Appellee.

Alfred Elliott, Federal Correctional Institution (Low), Forrest City, AR, for Defendant-Appellant.

Before COFFEY, EASTERBROOK, and MANION, Circuit Judges.

EASTERBROOK, Circuit Judge.

While he was a partner at Schiff, Hardin & Waite in Chicago, Alfred Elliott used clients' confidential information for his own benefit in securities transactions. Eventually he was convicted on 70 counts of securities fraud, mail fraud, tax evasion, and operating a racketeering enterprise. His sentence was five years' imprisonment plus fines and forfeitures of about $700,000. On October 11, 1989, when he was scheduled to report to prison...

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