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Wire Fraud

We live in an age where electronic communication makes it easy to contact people on a global level.  People can pick up the telephone and make a phone call, hop on the Internet and visit websites world wide in seconds, and television and radio use the power of modern technology to broadcast signals through satellites on a global scale.  It should be no surprise that with this incredible power comes the opportunity to commit fraud using these devices.  When someone plans or devises a scheme with the intent of defrauding people of their possessions, money, or property and uses electronic communications to carry out their plan, they have committed wire fraud.

Since wire fraud can occur across state and local lines in the blinking of an eye, federal laws and rulings often govern these crimes.  It isn’t uncommon for wire fraud to cross international borders as well.  The electronic communication devices that are associated with wire fraud include computer modems and the Internet, telephone scams, and television and radio broadcasts.

The penalties for those convicted of wire fraud can be steep. For those who have been found guilty of creating a scheme or intending to create a scheme or plan that would defraud someone of their money or property and uses wire, radio, or television signals to carry out their plan can be fined and spend up to twenty years in prison.  The consequences increase for those who are found guilty of wire fraud that was targeted against a financial institution.  In those cases, the sentence may include a fine of up to one million dollars as well as a prison sentence up to 30 years.  If you have been charged with wire fraud it is imperative that you seek the advice and counsel of an experienced criminal defense attorney who has experience with federal court cases.

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