Israeli citizen challenges U.S. wire-fraud conviction for foreign financial scheme
SCOTUSBlog
MAY 26, 2023
The Supreme Court has issued a number of decisions in recent years limiting the reach of the federal wire-fraud statute, which outlaws the use of “the wires” – including internet and phone lines – to commit fraud. The scheme involved the use of false advertisements to entice investors to deposit funds to purchase binary options.
Let's personalize your content