What crime has Miguel committed by rerouting electronic funds transfers?

Study for the Business Law Test. Use flashcards and multiple choice questions, each equipped with hints and explanations. Prepare for your exam with confidence!

Miguel has committed wire fraud by rerouting electronic funds transfers. Wire fraud involves the use of electronic communications or an interstate communications facility to execute a scheme to defraud someone of money or property. In this situation, rerouting electronic funds transfers indicates that Miguel is manipulating digital financial transactions with the intent to deceive and unlawfully gain access to funds.

This crime is defined under federal law and typically requires the perpetrator to knowingly participate in a scheme that involves fraudulent misrepresentation or deceitful actions aimed at another party. Rerouting electronic funds transfers clearly falls within this scope, as it involves an unauthorized act that results in financial harm to another individual or entity.

The other options do not accurately describe the nature of Miguel's actions. Theft generally refers to the physical taking of someone else's property without consent. Forgery involves the falsification of documents or signatures, while cyberbullying pertains to harassment or intimidation carried out through electronic means, which is unrelated to financial fraud. Thus, wire fraud is the most fitting description of Miguel's actions in this context.

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