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Analysis

Kousisis May Boost Fraud Cases, But Questions Remain

By Stewart Bishop and Phillip Bantz ( May 31, 2025, 12:03 AM EDT) -- The U.S. Supreme Court's finding that inducing a transaction through lies, even with no intent of economic loss, is a valid basis for a wire fraud conviction opens the door for a wave of aggressive fraud prosecutions, but unanswered questions on issues like materiality may lead the court to again consider reining in the government's power....

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