Tuesday’s arguments in Loughrin v. United States will present a persistent and important — but highly technical — circuit split about the details of permissible federal bank fraud prosecutions.  Although the “plain language” of the relevant statute seems clear, the outcome is not.  Indeed, the surprising thing is that even thirty years after the bank … Continue reading Argument preview: No April Fools – Even after thirty years, the reach of the federal bank fraud statute is hard to predict