United States v. St. Michael's Credit Union

880 F.2d 579 (1989)

Study Aids
Case Briefs Overview
Casebooks
Case Briefs
U
From our private database of 46,300+ case briefs, written and edited by humans—never with AI.

United States v. St. Michael’s Credit Union

United States Court of Appeals for the First Circuit
880 F.2d 579 (1989)

  • Written by Sharon Feldman, JD

Facts

Janice Sacharczyk (defendant) was the bookkeeper for St. Michael’s Credit Union (St. Michael’s) (defendant). After a Massachusetts banking-commission audit revealed that St. Michael’s had failed to file two currency-transaction reports (CTRs), the Internal Revenue Service (IRS) initiated an investigation. Sacharczyk showed IRS agents copies of two CTRs she claimed to have sent after the state audit and indicated that St. Michael’s had no official policy regarding CTRs and no CTR compliance officer. The investigation revealed many transactions for which no CTRs were filed. Sacharczyk and St. Michael’s were charged with felony violations of the CTR-reporting requirement. The indictment charged 50 different violations involving 25 different customers and five different forms of currency transfers. Sacharczyk and St. Michael’s were convicted. On appeal, Sacharczyk and St. Michael’s argued that the government (plaintiff) had failed to prove that the transactions alleged in the indictment formed a pattern of illegal activity.

Rule of Law

Issue

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 814,000 law students since 2011. Some law schools even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead 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.

    Learn about our approachRead more about Quimbee

Here's why 814,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 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.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 814,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,300 briefs - keyed to 988 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership

Casebooks

White Collar Crime

Key Terms