(Download) "United States v. Fox Lake State Bank" by United States Court of Appeals for the Seventh Circuit ~ Book PDF Kindle ePub Free
eBook details
- Title: United States v. Fox Lake State Bank
- Author : United States Court of Appeals for the Seventh Circuit
- Release Date : January 22, 1966
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
KNOCH, Circuit Judge. The United States of America, plaintiff-appellee, brought this action under the Civil False Claims Act (Title 31, U.S.C. § 231) with respect to twenty-one defaulted Federal Housing Administration (hereinafter called ""FHA"") Title I loans on which claims for insurance were filed with the FHA by defendant-appellant, Fox Lake State Bank (hereinafter called the ""Bank"".) The plaintiff sought forfeitures of $42,000 and double damages of $5,335.20 for payment of one claim in the amount of $2,667.80. The District Judge, sitting without a jury, granted judgment for plaintiff in the amount of $47,335.20, and denied the defendants' counterclaim for a judgment declaring the twenty-one loans in question and some fifteen other similar loans eligible for FHA insurance. This appeal followed. Co-defendant Donald Adams, an employee of the Bank, against whom default judgment was entered, did not appeal.