Michael Schwab

Michael Schwab

Morgan Lewis

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Supreme Court Broadens Wire Fraud Liability to Include Fraudulent Inducement Without Economic Loss

The US Supreme Court’s ruling on May 22, 2025 expands the scope of federal wire fraud to include convictions based on fraudulent inducement even without economic harm. This development raises the stakes for entities involved...more

5/27/2025  /  Contract Terms , Criminal Prosecution , Federal Acquisition Regulations (FAR) , Fraud , Fraudulent Inducement , SCOTUS , Small Business , Subcontractors , Wire Fraud
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