Elkan Abramowitz and Jonathan Sack ()
The federal mail and wire fraud statutes have been described as a “Louisville Slugger,” a powerful tool used by prosecutors to combat dishonest behavior in private and public life. Jed S. Rakoff, “The Federal Mail Fraud Statute (Part I),” 18 Duq. L. Rev. 771, 771 (1980). These laws seek to punish the use of false or misleading statements to deprive someone of money or property. Over time, the range of activity to which these statutes have been applied has grown to include schemes that do not contemplate direct financial injury.
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