White Collar Defense Alert: Supreme Court Significantly Limits Fraud Prosecutions

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On June 24, 2010, in Skilling v. United States, 561 U.S. ___ (2010), the Supreme Court vacated former Enron CEO Jeffrey Skilling’s conviction, holding that the honest services fraud statute, which makes it a crime to use the mail or wires in a scheme or artifice “to deprive another of the intangible right of honest services” passes constitutional scrutiny only when limited to bribery and kickback schemes. Skilling’s conspiracy conviction relied on the honest services fraud statute, but did not involve either bribery or kickbacks.

Please see full alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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