Search results
Results From The WOW.Com Content Network
Honest services fraud is a crime defined in 18 U.S.C. § 1346 (the federal mail and wire fraud statute), added by the United States Congress in 1988. [1] The idea of this law was to criminalize not only schemes to defraud victims of money and property, but also schemes to defraud victims of intangible rights such as the "honest services" of a public official.
Several statutes, mostly codified in Title 18 of the United States Code, provide for federal prosecution of public corruption in the United States.Federal prosecutions of public corruption under the Hobbs Act (enacted 1934), the mail and wire fraud statutes (enacted 1872), including the honest services fraud provision, the Travel Act (enacted 1961), and the Racketeer Influenced and Corrupt ...
Skilling v. United States, 561 U.S. 358 (2010), is a United States Supreme Court case interpreting the honest services fraud statute, 18 U.S.C. § 1346.The case involves former Enron CEO Jeffrey Skilling and the honest services fraud statute, which prohibits "a scheme or artifice to deprive another of the intangible right of honest services".
Percoco v. United States, 598 U.S. 319, is a 2023 United States Supreme Court case regarding the federal honest services fraud statute. In the case, the Court held that a private citizen with significant influence over government decision-making cannot be convicted of honest services fraud for actions taken while not holding public office.
"A core focus of (the fraud statute) has thus always been protecting both the integrity of the marketplace and honest market participants from the risks of misconduct—even if those risks have ...
United States to narrow the scope of the mail and wire fraud statutes, ruling that the statute pertained only to schemes to defraud victims of tangible property, including money. In 1988, Congress enacted a new law that specifically criminalized schemes to defraud victims of "the intangible right of honest services" (honest services fraud).
Sauer said the case "involves a clear-cut violation of the statute of limitations," pointing to transactions used in the non-jury civil fraud trial that dated back more than a decade.
A New York judge on Tuesday took the air out of a big statute of limitations win that former President Donald Trump claimed he had scored in the first hours of his civil business fraud trial. At ...