United States v. Beverly J. Ramsey, Michael J. Marshall, Stuart A. McCreary and James Joseph O'DOnnell

U.S. Court of Appeals, Seventh Circuit · Decided 1986-04-09

Cited by 125 later decision(s) in our corpus · see the citation network in Lexace

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EASTERBROOK, Circuit Judge. The defendants in this case portray themselves as more gullible than the victims. The victims were taken in by promises of long-term million-dollar loans at 6% to 8% interest, loans they were told they would never have to pay back. Pie in the sky does not come cheap; victims paid as much as $7,500 for each $1 million of loan. The f…

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