Robert uses the Internet to defraud Prairie Valley Credit Union.He is found guilty of wire fraud.He can be punished by

Question

Quizplus · Accepted Answer

Wire fraud is a serious offense that can be punished with imprisonment for up to thirty years and fines of up to $1 million under federal law (18 U.S.C. § 1343). Therefore, option B is the correct answer. Option A is incorrect as the punishment for wire fraud is more severe than a one-year imprisonment. Option C is incorrect as fines for wire fraud can be much higher than $50,000. Option D is unreasonable as the death penalty is not a possible punishment for wire fraud.

Robert Uses the Internet to Defraud Prairie Valley Credit Union