All Lies Are Not the Same: The Federal Fraud Statute Under Attack
The U.S. Supreme Court and numerous circuit courts are seriously narrowing the scope of behavior that constitutes criminal fraud. This developing legal landscape requires defense counsel to rethink strategies on how to best defend against federal criminal fraud allegations.
July 05, 2024 at 10:00 AM
8 minute read
White Collar CrimeThe news is rarely good for white-collar criminal defense attorneys and their clients. Prosecutors traditionally have had numerous avenues to garner fraud convictions, even when there was no intent to do any harm to the "victim." But as Bob Dylan famously sang: "the times they are a-changin." The U.S. Supreme Court and numerous circuit courts are seriously narrowing the scope of behavior that constitutes criminal fraud. This developing legal landscape requires defense counsel to rethink strategies on how to best defend against federal criminal fraud allegations.
The changes began in 2020 when the Supreme Court unanimously reversed convictions of associates of former New Jersey Governor Chris Christie who were involved in the "Bridgegate" scandal. Kelly v. United States, et al., 590 U.S. __ (2020). The defendants allegedly schemed to close two lanes of traffic on the George Washington Bridge as political retribution against a local mayor who refused to support the Governor's re-election campaign. The Supreme Court held that, because the central purpose of the scheme was not to obtain "money or property," a wire and federal programs fraud prosecution was not viable.
Unfortunately, the Kelly case didn't have quite the bang that one would normally expect from such a significant ruling. Instead, federal prosecutors found ways "around" Kelly that were routinely upheld by the lower courts.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllIndian Billionaire Gautam Adani Indicted in Brooklyn for Alleged Orchestration of $250 Million Bribery Plot
3 minute read'Politically Destabilizing'?: Trump Lawyers Say NY Criminal Case Must Be Dismissed
'A National Calamity': US Judge Says Archegos Founder Bill Hwang Should Get 18-Year Sentence for Fraud, Market Manipulation
'A World of Credit': Ex-FTX Executive Gary Wang Sentenced to Time Served Following Cooperation
Law Firms Mentioned
Trending Stories
- 1Samsung Flooded With Galaxy Product Patent Lawsuits in Texas Federal Court
- 2How Marsh McLennan's Small But Mighty Legal Innovation Team Builds Solutions That Bring Joy
- 3On the Move and After Hours: Brach Eichler; Cooper Levenson; Marshall Dennehey; Archer; Sills Cummis
- 4Review of Ex-parte orders by the Appellate Division
- 5'Confusion Where Previously There Was Clarity': NJ Supreme Court Should Void Referral Fee Ethics Opinion
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250