Is proof that a financial institution is insured an essential element of the crime of making a false statement?

MultiRegion, United States of America

The following excerpt is from U.S. v. Frumenti, 932 F.2d 973 (9th Cir. 1991):

Proof that the financial institution is insured is an essential element of the offense of making a false statement under 18 U.S.C. Sec. 1014. United States v. Phillips,

Page 973

When reviewing the sufficiency of the evidence to support a criminal conviction, the standard of review is whether, viewing the evidence in the light most favorable to the prosecution, any rational trier of fact could have found the essential elements of the crime charged beyond a reasonable doubt. United States v. Harris, 792 F.2d 866, 868 (9th Cir.1986).

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