White-Collar Conviction Vacated

“In an unusual move,” writes Sarah Riley Howard from Warner Norcross & Judd’s White Collar practice, “the Sixth Circuit ordered that a Tennessee businessman’s conviction for bank fraud must be vacated.” Convicted for his participation in a scheme to conceal the amount of loans granted his business, Timothy Parkes was acquitted after spending more than two years in prison:

“The Sixth Circuit held that the jury convicted him with insufficient evidence of guilt beyond a reasonable doubt. The [Court] also held that the Court improperly excluded motive evidence critical to the defense. Finally, the Sixth Circuit held that the federal prosecutor committed misconduct when it implied a falsehood on an excluded issue … Judges Ray Kethledge, Jane Branstetter Stranch, and District Judge James Gwin ordered that Mr. Parkes’ conviction be vacated, and that an acquittal be entered.”

Read the full update, Sixth Circuit Vacates White-Collar Conviction For Insufficient Evidence»