Sara sent letters to 1,000 people offering to send them information that would guarantee them a profit in the stock market if they sent her $99.95.If they sent her the money,the brief,generally known information she sent them was: "Buy stocks when their prices are low,and sell when the prices are high." Sara is guilty of:

Question

Quizplus · Accepted Answer

Sara's actions can be considered as mail fraud as she made false promises to the recipients of her letters to get their money. The information she provided was not guaranteed to yield a profit, and hence, her actions can be deemed as fraudulent.

Sara Sent Letters to 1,000 People Offering to Send Them