Mail and Wire Fraud Part I
Learn about two of the most commonly charges offenses in white-collar crime prosecution – mail and wire fraud.
Transcript
Sam founded and ran a cryptocurrency exchange that allowed investors to trade in digital currencies. Sam also founded and ran a cryptocurrency trading fund. Sam promised the exchange’s customers that their deposits were held safely in custody for them and kept separate from the exchange’s assets. Sam further promised that customer money wouldn’t be used in his trading fund. But Sam funneled customer deposits in the exchange to the trading fund via wire transfer and used the money to invest...
