SCOTUSblog: Loughrin v. United States
Issue: The question before the Court is whether the government must prove that the defendant intended to defraud a bank and expose it to risk of loss in every prosecution under 18 U.S.C. § 1344.
Holding: In a 9-0 decision, the Supreme Court ruled that the statute at issue here does not require the government to prove that a defendant intended to defraud a financial institution. The provision requires only that the defendant intended to obtain bank property and this is accomplished by a false statement.