Record contained sufficient evidence to support jury’s guilty verdict on charge of knowingly falsifying entity’s accounting records by materially overstating two accounts. While defendant argued that government established, at most, fact that accounting error had occurred, record supported guilty verdict, where: (1) multiple witness and certain documentary evidence indicated that defendant was aware that both accounts were materially overstated; and (2) defendant, as chief financial officer, continued to carry both accounts at inflated values. Same evidence also supported jury’s guilty verdict on securities fraud charge based on misstatement of accounts on entity’s third-quarter, 2016 Form 10-Q, where defendant knowingly allowed said misstatements be included in said Form. Ct. rejected defendant’s claim that he was unaware of exact balance sheet items at issue in charged offenses.
Federal 7th Circuit Court
Criminal Court
Reasonable Doubt