Fraud doesn’t mean what it used to—and several high-profile federal prosecutions are falling apart as courts apply the Supreme Court’s more-narrow legal definition.
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New Definition of 'Fraud' Wipes Out High-Profile Prosecutions
![New Definition of 'Fraud' Wipes Out High-Profile Prosecutions](http://www.nasdaqpicks.com/wp-content/uploads/2023/08/New-Definition-of-039Fraud039-Wipes-Out-High-Profile-Prosecutions-1200x640.jpeg)
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Fraud doesn’t mean what it used to—and several high-profile federal prosecutions are falling apart as courts apply the Supreme Court’s more-narrow legal definition.
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