7th Circuit Court of Appeals
Case Name: United States of America v. Carl P. Palladinetti
Case No.: 20-2734
Officials: FLAUM, KANNE, and SCUDDER, Circuit Judges.
Focus: Sufficiency of Evidence
Carl P. Palladinetti participated in a scheme to defraud lenders into facilitating certain real estate transactions. He and his co-defendants were charged with many counts of bank fraud and making false statements. The district court held a bench trial on one of the bank fraud counts. The only issue was whether one of the banks Palladinetti defrauded was insured by the Federal Deposit Insurance Corporation (“FDIC”). The district court determined that it was and found him guilty. We affirm.