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 said: "Buy stocks when their prices are low,and sell when the prices are high." Sara is guilty of:
A) mail fraud.
B) larceny.
C) embezzlement.
D) nothing. She merely thought of and executed a clever way to make money.

Question

Quizplus · Accepted Answer

Sara's actions constitute mail fraud as she is using the postal service to deceive people into sending her money with false promises of guaranteed profits in the stock market. The information she sends is also common knowledge and does not provide any real value, making it a fraudulent scheme.

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