Anytime you read an article about someone being charged with a federal fraud crime, there is inevitably at least one count of wire fraud. In a fraud case, wire fraud and mail fraud are almost catchall criminal offenses for the U.S. Attorney’s Office to utilize. Wire fraud is a federal criminal offense that is codified pursuant to 18 U.S.C. 1343.
Wire fraud is similar to the mail fraud, in that the law against wire fraud prohibits any scheme or artifice to defraud that uses wire, radio, or television communication in interstate or foreign commerce where the mail fraud statue prohibits the use of the mail in furtherance of the fraud.
To prove the crime of wire fraud, the government will need to prove the following three elements beyond and to the exclusion of all reasonable doubt:
1. The government must prove that there was a scheme to defraud.
2. The defendant must have knowingly and willingly participated in the scheme with the intent to defraud.
3. Interstate wire communications were used to further the scheme.
A person who is convicted of Wire Fraud faces a sentence of up to 20 years in a federal prison and a fine. If the scheme involved defrauding a financial institution, a conviction may result in a 30 year sentence and a $1,000,000 fine.
For a free consultation to see how David J. Sobel can defend you, contact Mr. Sobel at 954-383-3000. You will be able to speak directly with Fort Lauderdale Federal Criminal Defense Lawyer David J. Sobel 24/7.