United States v. Finley McAdoo Painter

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that lulling payments do not establish good faith as they are intended to conceal the fraud and \ensnare\ other victims
• “[N]o amount of honest belief that his corporate enterprise would eventually succeed can excuse the willful misrepresentations by which the investors’ funds were obtained.”
• “If in good faith reliance upon legal advice given him by a lawyer . . . one engages in a course of conduct later found to be illegal, the trier of fact may in appropriate circumstances conclude that the conduct was innocent because the ‘guilty mind’ was absent.”

Source: CourtListener parenthetical corpus (CC0).