United States v. Richard D. Wilcox
Opinion
Opinion
Leavy, J.
OVERVIEW
Defendant Richard D. Wilcox (Wilcox) was convicted of conspiracy to make false statements to a federally insured savings and loan in violation of 18 U.S.C. § 371 (1988) and of three counts of making false statements to a federally insured savings and loan in violation of 18 U.S.C. § 1014 (1988). Wilcox contends the district court erred by denying his motion to present a “good faith” defense to the charges of making the false statements, and by refusing his proposed jury instructions.
We affirm.
FACTS
In 1982, Wilcox, an attorney, and three other individuals, Robert Scharer (Scharer), a general contractor, David Perry, M.D., and John Hensley, a real estate broker, formed a company called Sierra Gold, Inc. to develop recreational property adjacent to Scotts Flat Lake in Nevada County, California. The project was known as Harmony Cove.
Harmony Cove was financed by a $3.8 million loan from Camino Real Savings and Loan Association (Camino Real S & L) of San Fernando, California. Camino Real S & L was insured by the Federal Savings and Loan Insurance Corporation. The loan was secured by the 93-acre parcel of land that comprised Harmony Cove.