Whether fraudulent inducement of a commercial contract violates federal wire fraud statutes when no property loss occurs and whether property deprivation is a required element of federal fraud charges

QUESTIONS PRESENTED The Federal Appeals Courts are split on whether fraudulent inducement of a commercial contract violates the federal fraud statutes and whether deprivation of property is a required element that the government must prove under the federal fraud statutes. The Questions Presented therefore are: Whether fraudulent inducement of a commercial contract violates the federal wire fraud statute when neither loss of ; property nor economic harm to the property are the object of the transaction. : Whether the government may sustain a federal wire fraud conviction for fraudulent inducement of a commercial . contract when the victim demands and receives something . of value in exchange for the property subject to the transaction. Whether the federal wire fraud statute requires the | government to charge in the indictment and prove to the . ; jury beyond.a reasonable doubt the deprivation of property.