Supreme Court rules no proof of intent required for federal bank fraud conviction

[JURIST] The US Supreme Court [official website] ruled [opinion, PDF] Monday in Loughrin v. United States [SCOTUSblog backgrounder] that prosecution under the federal government's anti-bank fraud statute [text] does not require proof that a defendant intended to defraud a financial institution. Kevin Loughrin used stolen checks to steal just over $1,000 from a local Target store, but there was no evidence that he intended to defraud a bank. Nonetheless, Loughrin was charged and convicted under the federal anti-bank fraud statute....

Source: http://jurist.org/paperchase/2014/06/supreme-court-rules-no-proof-of-intent-required-for-federal-bank-fraud-conviction.php

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