Baker Botts Partner Brendan Quigley, Senior Associate Eric DuPont, and Associate Graeme Waples discuss recent Supreme Court and Second Circuit rulings that have narrowed the scope of the federal wire fraud statute by requiring that fraud target traditional property interests, while confirming that prosecutors need not prove economic loss, significantly impacting both criminal and civil fraud litigation.

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Crossed Wires?: The Supreme Court and Second Circuit’s Key 2025 Wire Fraud Decisions and Their Impact on Criminal (and Civil) Litigation