wire fraud

wire fraud
wire fraud UK US noun [U] FINANCE, LAW
in the US, the use of electronic communications to deceive people and get money illegally: »

He faces seven charges of wire fraud and up to nine years in prison.

Financial and business terms. 2012.

Look at other dictionaries:

  • Wire fraud — is a legal concept in the United States Code which provides for enhanced penalty of any criminally fraudulent activity if it is determined that the activity involved electronic communications of any kind, at any phase of the event. As in the case …   Wikipedia

  • wire fraud — see fraud Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • wire fraud — noun : fraud committed using a means of electronic communication (as a telephone or computer) * * * wire fraud noun (US law) Fraud committed by means of electronic communications • • • Main Entry: ↑wire * * * n. financial fraud involving the use… …   Useful english dictionary

  • wire fraud — noun A class of felonies, providing for a separate and additional federal penalty for any crime of fraud involving the use of electronic communications methods. The mail fraud statute and its counterpart, the wire fraud statute, historically have …   Wiktionary

  • Wire Fraud — A situation where a person concocts a scheme to defraud or obtain money based on false representation or promises. This criminal act is done using electronic communications or an interstate communications facility. Like any type of fraud, wire… …   Investment dictionary

  • wire fraud — noun Date: 1976 fraud committed using a means of electronic communication (as a telephone or computer) …   New Collegiate Dictionary

  • wire fraud — noun chiefly US fraud involving the use of telecommunications or information technology …   English new terms dictionary

  • Mail and wire fraud — is a federal crime in the United States. Together, 18 U.S.C. §§ 1341, 1343, and 1346 reach any fraudulent scheme or artifice to intentionally deprive another of property or honest services with a nexus to mail or wire communication. Contents 1… …   Wikipedia

  • fraud — n [Latin fraud fraus] 1 a: any act, expression, omission, or concealment calculated to deceive another to his or her disadvantage; specif: a misrepresentation or concealment with reference to some fact material to a transaction that is made with… …   Law dictionary

  • fraud — An intentional perversion of truth for the purpose of inducing another in reliance upon it to part with some valuable thing belonging to him or to surrender a legal right. A false representation of a matter of fact, whether by words or by conduct …   Black's law dictionary