United States v. Hsu, No. 09-4152 (2d Cir. 2012)
Annotate this CaseDefendant pled guilty to several counts of mail and wire fraud, was convicted by a jury of violations of federal campaign finance law, and was sentenced to 292 months in prison. Defendant appealed the resulting judgment of conviction on various grounds, including that the loss calculated for purposes of the Sentencing Guidelines improperly included promised returns on defendant's victims' investments. The court affirmed the district court in all respects, and held that (1) defendant waived any statute of limitations challenge to the indictment by pleading guilty; (2) the district court's admission of the Ponzi scheme evidence was not plain error; (3) the district court did not err by calculating the intended loss amount under the Guidelines to include the loss of putative profits that victims reinvested in defendant's Ponzi scheme; (4) the district court did not abuse its discretion when weighing the factors relevant to defendant's sentence; and (5) under the circumstances of the case, the appointment of a new attorney for sentencing was not required.
Some case metadata and case summaries were written with the help of AI, which can produce inaccuracies. You should read the full case before relying on it for legal research purposes.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.