Miguel reprogrammed a smartphone so that it intercepted electronic funds transfers and rerouted them to his bank account.What crime has he committed?
A)insurance fraud
B)wire fraud
C)mail fraud
D)embezzlement

Question

Quizplus · Accepted Answer

Miguel has committed wire fraud, which involves using electronic means to defraud someone of money or property. By intercepting electronic funds transfers and rerouting them to his bank account, Miguel has used electronic means to fraudulently obtain funds.

Miguel Reprogrammed a Smartphone So That It Intercepted Electronic Funds