Supreme Court to Clarify Ambiguities in Wire Fraud Statute with Kousisis v. United States Decision
On December 9, 2024, the Supreme Court heard oral arguments in the case of Kousisis v. United States, which delves into the interpretative boundaries of the wire fraud statute. Central to this case is the “fraudulent inducement” theory. This theory proposes that deception utilized to instigate a commercial transaction could be construed as mail or…