Federal 7th Circuit Court
Criminal Court
Sentencing
Dist. Ct. did not err in sentencing defendant to 70-month term of incarceration on bank fraud charges based, in part, on loss amount calculation that failed to make any deduction for $213,000 in interest payments made by defendant on said fraudulently obtained loans. Interest payments did not constitute return of money to bank because defendant's payments did not reduce loans' outstanding principal balance. Moreover, Dist. Ct. could also enter under preponderance of evidence standard $1,967,055.30 restitution order even though said order was based on loans which were subject of counts of charged offense to which defendant had been acquitted.