Tag: WireFraud

What You Need to Know About Wire Fraud Charges

The founder and former president of a blood-testing company, Theranos, was charged with wire fraud in June 2018. The charges were connected to false claims that they made about the accuracy of their testing devices. Wire fraud is a common crime that some businesspeople get charged with, but what is this crime and why is it so common? What Is Wire Fraud? Wire fraud is similar to regular fraud, except there is one key difference: this type of fraud takes place over phone lines or other types of electronic communications. Wire fraud generally has four important elements: The defendant made … Read More