ACFE CFE-Law Exam - Topic 2 Question 57 Discussion

Actual exam question for ACFE's CFE-Law exam

Question #: 57
Topic #: 2

Ethan a U S resident, is running a Ponzi scheme As part of the scheme, he uses the U S mail system to send promotional materials to potential victims in France If the US government decides to prosecute Ethan, which of the following would provide the MOST LIKELY basis for the charges?

AMail fraud

BWire fraud

CInsider trading fraud

DCommunications fraud

Show Suggested Answer

Suggested Answer: D

by Maia at Mar 09, 2025, 11:29 AM

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Rhea

6 months ago

Wow, I didn't realize mail fraud could cross international borders like that!

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Cristal

6 months ago

Insider trading? That doesn't even fit this scenario!

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Novella

7 months ago

Wait, could it be wire fraud since he's targeting people in France?

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Alesia

7 months ago

Agreed, mail fraud is the right call here.

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Audra

7 months ago

Definitely mail fraud, he used the mail system.

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Maile

7 months ago

Communications fraud sounds vague, but I think mail fraud is the more straightforward charge given the use of the U.S. mail system.

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Golda

8 months ago

I feel like insider trading fraud doesn’t fit this scenario at all. It’s more about stock market manipulation, right?

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Levi

8 months ago

I’m not entirely sure, but I think wire fraud usually involves electronic communications, so it might not apply here since he’s using the mail.

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Tricia

8 months ago

I remember discussing mail fraud in class, especially how it applies when using the postal service to deceive people.

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Brande

8 months ago

I'm not too sure about this one. The question mentions a Ponzi scheme, so insider trading fraud could be an option. I'll need to review the definitions of these different fraud charges to make the best decision.

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Denny

8 months ago

Okay, let me break this down. Ethan is running a Ponzi scheme and using the US mail to send promotional materials to potential victims in France. That definitely sounds like mail fraud to me.

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Keena

8 months ago

Hmm, I'm a bit unsure about this one. The question mentions a Ponzi scheme, so wire fraud could also be a possibility. I'll have to think this through carefully.

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Irma

8 months ago

This seems like a straightforward question about fraud charges. I'm pretty confident the answer is mail fraud since the question mentions Ethan using the US mail system.

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Willodean

1 year ago

A) Mail fraud is the way to go. Ethan's using the postal service to reach his victims, so the government's got him red-handed. It's like he's playing 'mail-order Monopoly' with people's money.

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Kent

1 year ago

A) Mail fraud is the best fit for the charges. Ethan's actions clearly fall under the category of using the mail system to commit fraud.

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Jerlene

1 year ago

B) Wire fraud wouldn't be the right choice in this situation. Ethan's not using electronic communication, he's using the postal service.

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Chun

1 year ago

A) Mail fraud is definitely the most likely charge. Ethan's using the mail system to carry out his scheme, so it's a clear case of mail fraud.

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Tula

1 year ago

C) Insider trading fraud doesn't seem to fit the situation. Ethan's not trading securities based on non-public information.

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Gracie

1 year ago

B) Wire fraud wouldn't really apply here since he's using the mail system, not electronic communication.

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Jennie

1 year ago

A) Mail fraud is definitely the most likely charge. Ethan's using the mail system to deceive people, that's a clear violation.

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Zona

1 year ago

D) Communications fraud? What is this, some kind of high-tech cybercrime? Nah, this is old-school mail fraud all the way.

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Jackie

1 year ago

A) Mail fraud

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Rolf

1 year ago

A) Mail fraud

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Mariann

1 year ago

B) Wire fraud

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Robt

1 year ago

A) Mail fraud

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Bo

1 year ago

I'm going with A) Mail fraud. Ethan is using the postal service to scam people in France, so that's the most relevant charge the US government could bring against him.

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Kristeen

1 year ago

I think A) Mail fraud makes more sense in this case. It's the most direct connection to the scheme.

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Cordelia

1 year ago

B) Wire fraud

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Aimee

1 year ago

B) Wire fraud

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Annamae

1 year ago

I agree, using the mail system to commit fraud seems like the most likely charge.

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Burma

1 year ago

A) Mail fraud

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Jesse

1 year ago

Definitely A) Mail fraud. Using the mail system to commit fraud is a clear violation.

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Mabelle

1 year ago

A) Mail fraud

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Flo

1 year ago

B) Wire fraud? Really? I don't see any mention of wire transfers or electronic communications in the question. This is a classic mail fraud case.

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Ora

1 year ago

I'm not sure, but I think B) Wire fraud could also be a possible basis for the charges.

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Lisbeth

1 year ago

A) Mail fraud seems like the obvious choice here. Ethan is using the US mail system to send promotional materials as part of his Ponzi scheme. That's a textbook case of mail fraud.

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Nilsa

1 year ago

I agree with Cassie, using the U S mail system for the scheme seems like mail fraud.

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Cassie

1 year ago

I think the answer is A) Mail fraud.

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