U.S. v. Favara

Dist. Ct. did not err in sentencing defendant to 262-month term of incarceration on charges of wire and securities fraud arising out of scheme to obtain restricted shares of stock and to disseminate false information to create market for said shares. Ct. rejected defendant’s claim that Dist. Ct. double-counted enhancement when it increased his offense level for violating judicial order and for obstructing justice since each enhancement was based on distinct conduct. Moreover, fact that defendant provided substantial cooperation to govt. did not require that Dist. Ct. impose lenient sentence where defendant was mastermind of scheme and failed to repatriate from off-shore bank account proceeds of his scheme.