Key Takeaways
- Courts are showing continued skepticism of broad use of federal fraud statutes. Last week, two decisions repudiated creative government interpretations of wire fraud’s “property” requirement.
- In United States v. Ciminelli, the Supreme Court unanimously rejected the “right to control” theory, holding that only “traditional property interests” can support a federal wire fraud conviction, and the right to accurate information to make an informed economic decision is not such an interest.…
