Fraud Related Insights & Resources

The NBA gambling indictments aren’t about a few players making bad bets—they’re about the weaponization of insider information. The Department of Justice is using conspiracy and money-laundering statutes that don’t even require an overt act, meaning simply agreeing to share non-public injury data can be treated like organized crime. What’s...

In United States v. Kousisis, Defendant challenges a federal wire fraud conviction under the fraud in the inducement theory. In this case, the 3rd Circuit expanded federal fraud statutes to include a theory where there was a false statement hat induced the victim to contract. Such an extension post Ciminelli...