Without a doubt one of the most used pieces of legislation in the prosecution of white-collar crime is the Federal Wire Fraud Statute. That and the Mail Fraud Statute make nice dance partners for court.<\/p>\n
When all is said and done, the section of the statute in question used more often than not, is section 1343 which states in its paraphrased glory “whoever plans on ripping someone off for money or property by means of sneaky pretenses and sends anything relating to those sneaky pretenses by wire, radio or TV to rip someone off shall be fined not more than $1,000,000 or imprisoned not more than 30 years or both.”<\/p>\n
Not to put too fine a point on it, this is a pretty wide-open statute that gets a lot of use, as it offers prosecutors wide leeway in “massaging” charges that they may lay.<\/p>\n
The use, and dare we say overuse, of statutes like (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Without a doubt one of the most used pieces of legislation in the prosecution of white-collar crime is the Federal Wire Fraud Statute. That and the Mail Fraud Statute make nice dance partners for court. When all is said and…<\/span><\/p>\n