United States v. Marvel Tyrone Morgan

Appellant was indicted, tried by a jury and convicted on Count One of violating 18 U.S.C. §§ 2 and 1006 [aiding an officer of an institution insured by the Federal Savings and Loan Insurance Corporation in the receipt of an illegal kickback] and on Count Two of violating 18 U.S.C. § 1001 [falsifying a document in connection with the above transaction].

BACKGROUND

In 1971, the Didco Corporation [Didco] was a Seattle, Washington, corporation engaged in land development. It had a number of subsidiary corporations, one of which was the Highland Memorial Park Company whose principal asset was a tract of land suitable for cemetery purposes near Everett, Washington. This tract was known as View Crest Abbey [Abbey]. To develop the first phase of the cemetery operation at Abbey, Didco arranged short term or “interim” financing with the Northwest Mortgage Company [NWM] and secured an agreement that NWM (represented by John Teutsch and Mort Whittaker) would seek out long-term financing for Didco in the amount of $360,000.00. This long-term financing was ultimately arranged by NWM through the Greenwood Savings and Loan Association [GS&L], an association organized and existing by virtue of…