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Ede4ka [16]
3 years ago
7

Matthew Simpson and others created and operated a series of corporate entities to defraud telecommunications companies, creditor

s, credit reporting agencies, and others. Through these entities, Simpson and the others used routing codes and spoofing services to make long-distance calls appear to be local. They stole other firms' network capacity and diverted payments to themselves. They leased goods and services without paying for them. To hide their association with their corporate entities and with each other, they used false identities, addresses, and credit histories, and issued false bills, invoices, financial statements, and credit references. Did these acts constitute mail and wire fraud?
(a) Yes, because they were pretending to be other people with different identities, credit histories, and issuing false bills.
(b) Yes, because they were committing mail and wire fraud since they did not show their true identities and made transactions as someone else.
(c) Both A & B
(d) No, this is not a fraud(e) Only option A is correct
Business
1 answer:
RSB [31]3 years ago
4 0

Answer: Matthew Simpson and others created and operated a series of corporate entities <u><em>to defraud t</em></u>elecommunications companies, creditors, credit reporting agencies, and others. Through these entities, Simpson and the others used routing codes and spoofing services to make long-distance calls appear to be local.They stole other firms' network capacity and diverted payments to themselves. They used <u>false identities</u>, addresses, and credit histories, and issued false bills, invoices, financial statements, and credit references.

These acts constitute mail and wire fraud : (c) Both A & B.

Explanation:

<u>Wire fraud </u>refers to fraud done through the use of a computer or the <u>Internet. </u>Hacking is a common form of fraud, the criminal uses sophisticated technological tools to <em>remotely access a computer</em> with confidential information. They can <em>steal a password</em>, the credit card account number or other <em>confidential information</em> about a person's identity and for the criminals to distort data to misuse funds.

The law defines electronic fraud as the use of a computer with the <u>goal of distorting data </u>to induce another person to do or stop doing something that causes a loss.

 

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