High Court May Limit the Reach of the Wire Fraud Statute

On Dec. 9, 2024, the Supreme Court will hear argument in Kousisis v. United States, a case that will again review the reach of the federal mail and wire fraud statutes. At issue this time is the so-called “fraudulent inducement” theory of property fraud — namely, whether deception to induce a commercial exchange can constitute mail or wire fraud, even if the infliction of economic harm on the alleged victim was not the object of the scheme.

15 minute read December 01, 2024 at 01:11 AM
By
Harry Sandick and Caitlyn Wigler
High Court May Limit the Reach of the Wire Fraud Statute

By Harry Sandick and Caitlyn Wigler

On Dec. 9, 2024, the Supreme Court will hear argument in Kousisis v. United States, O.T. 2024, No. 23-909, a case that will again review the reach of the federal mail and wire fraud statutes.

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