In Loughrin v. United States, a unanimous Court today clarified that the federal bank fraud statute, 18 U.S.C. § 1344, “requires neither intent to defraud a bank nor the creation of a risk of financial loss to a bank,” as Justice Alito summarized it in concurrence.  (The “no risk of loss” holding appears only in … Continue reading Opinion analysis: Court clarifies reach of federal bank fraud while leaving some questions for future