Sentence examples for fraud statute from inspiring English sources

The lawsuit was brought under the Martin Act, a New York securities fraud statute.

He was also convicted under a health care fraud statute that many prosecutors, unfamiliar with its use, had feared trying.

HSBC's currency trading does not involve a security, so the case instead is based on the broad wire fraud statute.

While state forgery laws might have been violated, there was no violation of the federal wire fraud statute.

Those cases involved admissions of violating the federal wire fraud statute from the submission of false information designed to manipulate Libor, not a violation of the antitrust laws.

So if Mr. Adoboli had been in the United States, he would have been charged under the federal bank fraud statute, not the honest services statute.

That law also has a lower standard of proof than criminal business fraud statutes.

The reason, he admitted, was "concerns with federal mail fraud statutes, to be honest with you".

"We had concerns about federal mail fraud statutes, to be honest," Mr. Riddett replied.

That's likely why the Illinois complaint cites to every state's and the District of Columbia's consumer fraud statutes.

Mail and wire fraud statutes can incorporate older conduct into a broader scheme, and securities fraud can be prosecuted up to six years after the last act.