Wire Fraud Act
- It's a law that disallows the use of interstate wire, radio, or television transmissions that incorporate any plan or tactic to deceive. This Act was presented as a change to the Communications Act of 1934, which set up the Federal Communications Commission as the regulator of the communications industry. This Act was based on the Mail Fraud Act of 1872, which extended federal jurisdiction to crimes that harm private individuals and are within the states' jurisdiction. Unlike the traditional definitions of fraud that depend on specific intent, the Mail and Wire Fraud Acts criminalize the use of mail or electronic communications media to deceive, irrespective of the success of the deceptive maneuvers. This Act and the Mail Fraud Act have both been used by courts to prosecute corrupt state and local officials who manipulated their positions and deprived citizens of a trustworthy government
- The CEO was charged under the Wire Fraud Act for devising a scheme to defraud investors using interstate wire transmissions.
- Under the provisions of the Wire Fraud Act, the misuse of electronic communications media for fraudulent activities is a federal offense.
- The local official was prosecuted using the Wire Fraud Act for his corrupt activities and denial of honest government to the citizens.