How is wire fraud committed?

Wire fraud is a type of white collar crime and it is committed when someone uses a form of electronic communication, such as the internet or telephone wires, to perpetrate a fraudulent scheme. This type of crime is committed when the perpetrator intends to defraud their victims by making false representations, withholding information, or even lying in order to obtain money or property. In South Dakota, wire fraud is a felony crime, and perpetrators may be sentenced to jail time and fines. To convict someone of wire fraud, it must be proven that they knowingly obtained something of value from another person, by deceitful means. The perpetrator also has to have intended to commit fraud by using wire communication, such as the internet or telephone wires. In South Dakota, some examples of wire fraud could include sending fake emails pretending to be someone else in order to obtain money or property, or setting up a website or online store to sell products that do not exist. Other examples include creating false investment opportunities and using the internet to solicit payment for them. In all cases, it is important to remember that wire fraud is a very serious crime and perpetrators can be charged with federal offenses, depending on the scope of their offenses. Anyone who believes they have been the victim of wire fraud should contact their local police department as soon as possible.

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How is wire fraud committed?

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