9th Circuit Upholds Admission Of Testimony On Fiduciary Status, Wire Fraud Convictions

Mealey's (January 19, 2016, 2:32 PM EST) -- SAN FRANCISCO — Finding no error in admitting testimony regarding a defendant’s status as a fiduciary, the Ninth Circuit U.S. Court of Appeals on Jan. 15 affirmed convictions on 24 counts of wire fraud, seven counts of money laundering and one count of investment-adviser fraud (United States of America v. Mark F. Spangler, No. 14-30042, 9th Cir.; 2016 U.S. App. LEXIS 681).

(Opinion available. Document #30-160212-007Z.)

The panel held that the testimony assisted in explaining why Mark F. Spangler’s clients did not question his documents and...
To view the full article, register now.