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7th Circ. Reverses Wire Fraud Conviction Of Ex-Bank Exec

By Suevon Lee ( April 8, 2016, 10:05 PM EDT) -- A split Seventh Circuit panel on Friday reversed a former bank executive's conviction on federal wire fraud charges and ordered his release from prison, skewering the government's "unusual and seemingly unprecedented" prosecution as an unwarranted attempt to criminalize business negotiations....

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