Shinohara
United States v. Shinohara
Opinion
Lead Opinion
MEMORANDUM *
Gil A. Shinohara appeals from his jury conviction of conspiracy to commit bank fraud, conspiracy to launder the proceeds of that bank fraud, and from his thirty-two month prison sentence. We affirm both his convictions and sentence.
I.
Because the parties are familiar with the facts, we do not fully recount them here. In September 2004, Shinohara was indicted for, inter alia, his role in a plan to defraud the Bank of Guam. The indictment alleged that Shinohara, his longtime friend William B.S.M. Flores and two confederates concocted a scheme to bilk the bank out of $300,000 dollars. The Bank of Guam loaned the conspirators $2 million to purchase a commercial building in Guam and also committed to lend them a further $1 million for use in renovating and repairing the typhoon-damaged building.
From the outset, the conspirators represented to both the bank and the seller that they intended to repair the building so that it could once again be used as an income-earning property. These representations included false invoices that Flores admitted he ginned up and a letter to the bank signed by the conspirators and their spouses purporting to need the $300,000 for…