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Supreme Court: Statements Made to FDIC Need to Be “False,” Not Just “Misleading”

This article describes the prosecution in Thompson, then turns to the Supreme Court’s rejection of the government’s contention that 18 U.S.C. §1014 criminalizes misleading as well as false statements.

10 minute read June 01, 2025 at 12:07 AM
By
Elkan Abramowitz and Jonathan Sack
Supreme Court: Statements Made to FDIC Need to Be “False,” Not Just “Misleading”

“And the beat goes on, the beat goes on … .” — Sonny and Cher (1967) 

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