wire fraud

noun

1. the crime of using interstate wire, television, or radio communications with the intent to defraud.

Word History and Origins

Origin of wire fraud¹

First recorded in 1950–55

Example Sentences

Ex-TPG Growth Managing Partner Bill McGlashan pleaded guilty to one count of aiding and abetting wire fraud in the high-profile college admissions scandal, in which he was accused of paying $50,000 to fix his son’s wrong answers on the ACT.

From Fortune

Stewart pleaded guilty to wire fraud and a scheme to defraud the Small Business Administration, which guaranteed $350 billion in loans to help struggling businesses stay afloat, many of which could be forgiven.

From ProPublica

In federal court, the judge convicted him on nearly $250,000 of wire fraud.

From MIT Technology Review

Holmes and Theranos’ former president Ramesh “Sunny” Balwani were charged in June 2018 with nine counts of wire fraud and two counts of conspiracy to commit wire fraud.

From Ars Technica

Rabbi Yisroel Goldstein of Chabad of Poway pleaded guilty to federal charges of tax fraud and wire fraud Tuesday, reports the Union-Tribune.

From Voice of San Diego

The wire fraud and mail charges each carry a maximum penalty of 20 years in prison.

From The Daily Beast

SAC Capital, the hedge fund controlled by billionaire Steven A. Cohen, was indicted Thursday for securities fraud and wire fraud.

From The Daily Beast

Three women in their 50s and 60s were indicted for conspiracy, tax, and wire-fraud charges.

From The Daily Beast

But in 2008, Pellicano was found guilty on 76 charges—including wire fraud, identity theft, and racketeering.

From The Daily Beast

Pellicano and his codefendant Arneson were convicted, among other things, of 17 counts of honest-services wire fraud.

From The Daily Beast