Munger, Tolles & Olson attorneys Daniel B. Levin and Victoria A. Degtyareva published an article titled “The Federal Bank Fraud Statute: Loughrin v. United States” on April 13, 2014, in Jurist, a web-based legal news and real-time legal research service. The article discussed the implications of Loughrin v. United States, which was argued before the Supreme Court on April 1, 2014. The case presented the question of “whether the federal bank fraud statute could be interpreted so broadly that it covers any fraudulent scheme to obtain funds from a bank.” A broad interpretation of the statute may have the dangerous effect of expanding federal criminal jurisdiction to minor local crimes. Given the possible negative ramifications, Mr. Levin and Ms. Degtyareva opine that “the court should reject the government's broad interpretation of the federal bank fraud statute and use this case as an opportunity to limit the over-federalization of criminal law.”
Mr. Levin is a litigator in the Los Angeles office of Munger Tolles. His practice focuses on complex litigation and appeals.
Ms. Degtyareva is a litigator in the Los Angeles office of Munger Tolles. Prior to joining the firm, Ms. Degtyareva clerked for Judge Rosemary Barkett of the U.S. Court of Appeals for the Eleventh Circuit and Judge Michael A. Ponsor of the U.S. District Court for the District of Massachusetts.
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