context: The fraudulent letter that Kipta used to back her deposits stated that she had -reserves of $800,000.00, an amount more than sufficient to cover the deposits into the First Chicago account. There was nothing to limit the amount of funds available for withdrawal, and the corresponding potential for loss by First Chicago, to less than the total amount deposited into the account.
citation_a.signal: see
citation_a.identifier: 63 F.3d 505, 513
citation_a.parenthetical: holding that the amount that a defendant made available to himself by way of fraudulent deposits demonstrated the amount of loss intended
citation_a.sentence: See United States v. Yusufu, 63 F.3d 505, 513 (7th Cir.1995) (holding that the amount that a defendant made available to himself by way of fraudulent deposits demonstrated the amount of loss intended); see also United States v. Bonanno, 146 F.3d 502, 509-10 (7th Cir.1998) (“[T]he relevant inquiry is not ‘How much would the defendants probably have gotten away with?’, but, rather, ‘How many dollars did the culprits’ scheme put at risk?’.”). Furthermore, it is undisputed that Kipta unsuccessfully attempted to negotiate her final deposit of $45,000.00 into a cashier’s check.
citation_b.signal: see also
citation_b.identifier: 146 F.3d 502, 509-10
citation_b.parenthetical: "[T]he relevant inquiry is not 'How much would the defendants probably have gotten away with?', but, rather, 'How many dollars did the culprits' scheme put at risk?'."
citation_b.sentence: See United States v. Yusufu, 63 F.3d 505, 513 (7th Cir.1995) (holding that the amount that a defendant made available to himself by way of fraudulent deposits demonstrated the amount of loss intended); see also United States v. Bonanno, 146 F.3d 502, 509-10 (7th Cir.1998) (“[T]he relevant inquiry is not ‘How much would the defendants probably have gotten away with?’, but, rather, ‘How many dollars did the culprits’ scheme put at risk?’.”). Furthermore, it is undisputed that Kipta unsuccessfully attempted to negotiate her final deposit of $45,000.00 into a cashier’s check.