The following excerpt is from U.S. v. Novod, 923 F.2d 970 (2nd Cir. 1991):
2 The wire fraud statute, 18 U.S.C. Sec. 1343, is substantively identical to the mail fraud statute in all relevant respects, including the "money or property" requirement. Both statutes are construed identically. See United States v. Covino, 837 F.2d 65, 71 (2d Cir.1988).
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.