High Court Expands the Reach of the Wire Fraud Statute – Part III

On Could 22, 2025, the Supreme Courtroom endorsed the “fraudulent inducement” principle of wire fraud in Kousisis v. United States, departing from its current development of narrowing the scope of broadly worded prison statutes, together with the wire fraud statute. This resolution seems to permit the federal government to acquire a conviction even the place the defendant didn’t intend to trigger financial hurt to their counterparty, as long as the defendant made materials false statements with a purpose to acquire property from one other. In future choices, the Supreme Courtroom might want to harmonize this resolution with its different current wire fraud choices, as mentioned beneath.