Quimbee logo
DMCA.com Protection Status
From our private database of 19,800+ case briefs...

United States v. Bank of New England, N.A.

United States Court of Appeals for the First Circuit
821 F.2d 844 (1987)


James McDonough withdrew currency from the Bank of New England, N.A. (the bank) (defendant) on 31 occasions over several months. On each occasion, McDonough withdrew over $10,000 from the bank by simultaneously cashing two to four checks, each for an amount under $10,000. Under the Currency Transaction Reporting Act, the bank was required to report customer currency transactions of over $10,000 by filing Currency Transaction Reports. After failing to file reports for McDonough’s transactions, the bank was indicted for violating the statute. At trial, one bank employee testified that head teller Patricia Murphy had instructed her that transactions such as McDonough’s were reportable. Evidence was also presented that the bank circulated an internal memorandum instructing employees that multiple, same-day transactions totaling over $10,000 were reportable. The bank was convicted of violating the statute and subsequently appealed.

Rule of Law


Holding and Reasoning (Bownes, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 510,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 510,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 19,800 briefs, keyed to 985 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial