Wire Fraud (18 U.S.C. § 1343)

What is Wire Fraud?

So, you’ve been accused of wire fraud. Let’s break it down – wire fraud is a federal crime that involves using electronic communications as part of a scheme to defraud someone.It’s defined under 18 U.S.C. § 1343, which states that anyone who devises a scheme to defraud others of money or property, and uses wire communications (like emails, phone calls, texts, etc.) to execute that scheme, can be charged with wire fraud. 1The key elements the prosecution needs to prove are:

1. You devised a scheme to defraud (intentionally deceived someone)
2. The deception involved a material falsehood (a lie about an important fact)
3. You had intent to defraud (you meant to deceive)
4. You used interstate wire communications to further the scheme

So in plain English – if you knowingly lied to someone to get their money or property, and used things like emails, texts or phone calls as part of that lie, you could be looking at wire fraud charges. 2

Why is Wire Fraud a Big Deal?

Wire fraud is no joke. It’s a federal felony that can land you some serious prison time. The statutory maximum is 20 years behind bars. 1And if the fraud affected a financial institution, or was committed during a national disaster, you could be looking at an even harsher sentence of up to 30 years and fines up to $1 million. 1But it’s not just about the penalties. Being convicted of wire fraud can ruin your life – you lose your job, your reputation is destroyed, and you may struggle to find employment again with that felony on your record.So in short, wire fraud accusations demand your full attention. You need to take them extremely seriously and mount a strong defense, because the consequences can be absolutely devastating.

Common Wire Fraud Scenarios

Wire fraud charges can stem from all kinds of situations. Some common examples include:

• Investment schemes where false statements are made to solicit money
• Fraudulent business opportunities or “make money from home” scams
• Fake charities or crowdfunding campaigns
• Phishing emails or online scams to steal personal/financial info
• Employees misusing company funds or resources for personal gain
• Lying on loan applications or bankruptcy filings
• Bribing officials or engaging in public corruption

Basically, if you used phones, emails, texts or any electronic communication as part of a scheme to intentionally deceive someone out of money, property or honest services, the feds could come knocking with wire fraud charges. 3

Fighting Wire Fraud Charges

Okay, so you’re in hot water facing a wire fraud case. What can you do? Here are some potential defenses:

Lack of Intent
One of the key elements is intent to defraud. If you can show you had no intent to deceive, and any misrepresentations were simply negligent mistakes rather than intentional lies, you may be able to beat the charges. 4

No Material Falsehood
The alleged fraud has to involve lies about important, material facts. If the statements in question were just puffery or subjective opinions rather than outright falsehoods about key facts, you may have a defense. 4

No Actual Loss
While not required for a conviction, if no actual economic loss occurred, it could help argue that no real fraud took place and reduce penalties. 4

Statute of Limitations
Federal prosecutors only have 5 years to bring wire fraud charges from the date of the alleged offense. If it’s been longer, you may be in the clear. 5

Jurisdictional Issues
If the alleged scheme didn’t actually use interstate wires or impact interstate commerce as required, you could challenge jurisdiction. 4The bottom line? Fighting wire fraud charges requires an aggressive, multi-pronged defense strategy. An experienced federal criminal defense attorney can analyze all potential avenues and give you the best chance at avoiding a devastating conviction.

What If I’m Under Investigation?

Maybe charges haven’t been filed yet, but you know you’re under investigation for suspected wire fraud. Don’t panic, but do take it seriously.The first step is to invoke your right to remain silent. Don’t make any statements to investigators without your lawyer present, as anything you say can potentially be used against you.Next, don’t destroy any potential evidence. That’s obstruction of justice and will only make things worse. Let your lawyer handle all communication and evidence gathering.Most importantly, get that lawyer on board immediately. They can start protecting your rights, shaping your defense strategy, and negotiating with prosecutors from the very beginning – potentially avoiding charges altogether or securing a favorable plea deal.

Consulting the Experts

Look, wire fraud is an extremely complex area of federal criminal law. The stakes are incredibly high, with your freedom, finances and future hanging in the balance.That’s why you need to bring in the big guns – elite criminal defense attorneys who have extensive experience handling these high-stakes fraud cases in federal court. Lawyers who literally wrote the book on defending these charges.At Spodek Law Group, our team has successfully defended countless clients against wire fraud and other federal fraud charges. We’ve taken on the toughest prosecutors and won. We know all the ins and outs of these cases, from comb ing through evidence to identifying investigatory flaws to negotiating favorable deals.Our attorneys don’t just handle your case – we’re with you every step of the way, answering all your questions and keeping you informed. We explore every possible defense strategy, pouring over every detail to craft the strongest case.Because when you’re facing federal fraud charges that could destroy your life, you need lawyers who will move heaven and earth to protect you. That’s exactly what you get with Spodek Law Group.

The Bottom Line

So, what do you do if you get hit with one of these things? Take a deep breath, stay calm, and call the experts at Spodek Law Group immediately.Our elite team of federal criminal defense attorneys have decades of experience taking on complex wire fraud cases and winning. We’ll break down exactly what you’re facing, what all the legal jargon means, and start building an aggressive defense strategy from day one.It’s simple – every single client deserves honesty and white glove service. We’ll fight tooth and nail to get you the best possible outcome, whether that’s avoiding charges, securing an acquittal, or negotiating a favorable plea deal.