Supreme Court Upholds Fraudulent Inducement Theory Of Wire Fraud
On May 22, 2025, the Supreme Court of the United States affirmed prosecutors' ability to pursue mail and wire fraud charges under the "fraudulent inducement" theory. Under that theory, a defendant need not intend to cause economic harm. As this blog previewed before and after oral argument in Kousisis v. United States, the U.S. Department of Justice (DOJ) has suffered a recent wave of defeats in pursuing fraud charges under various theories, such as when the Supreme Court foreclosed the [...]