Skip to main content
Please enter a legal issue and/or a location
Begin typing to search, use arrow keys to navigate, use enter to select

Find a Lawyer

More Options

US v. McKanry, No. 10-1027

By FindLaw Staff on January 11, 2011 | Last updated on March 21, 2019

Conviction for Defrauding Lenders Affirmed

In US v. McKanry, No. 10-1027, the court affirmed defendant's conviction and sentence for conspiring to defraud lenders, lying to a U.S. postal worker, mail fraud, and wire fraud where 1) it was reasonable for the jury to convict defendant of conspiracy to commit mail and wire fraud; 2) a reasonable jury could infer defendant, an experienced real estate professional, was aware these bogus payouts were meant to deceive the lenders; and 3) the district court did not err by basing its loss calculation upon the fraudulent transactions for which defendant was acquitted or not charged.


As the court wrote:  "A jury convicted William E. McKanry of conspiring to defraud lenders in violation of 18 U.S.C. § 371, lying to a United States postal worker in violation of 18 U.S.C. § 1001(a)(2), mail fraud in violation of 18 U.S.C. §§ 1341 and 2, and wire fraud in violation of 18 U.S.C. §§ 1343 and 2. The district court1 sentenced McKanry to 27 months imprisonment. The district court also imposed victims' restitution in the amount of $732,753.47. McKanry appeals his conviction and sentence. We affirm."

Related Resources

You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help

Meeting with a lawyer can help you understand your options and how to best protect your rights. Visit our attorney directory to find a lawyer near you who can help.

Or contact an attorney near you:
Copied to clipboard