dealing in the general and business life of members of society. As interpreted, these requirements are not difficult to meet; the Justice Department claims to defer federal prosecution for petty local fraud. In 1987, the Supreme Court of the United States ruled in McNally v. United States to narrow the scope of the mail and wire fraud statutes, ruling that the statute pertained only to schemes to defraud victims of tangible property, including money. In 1988, Congress enacted a new law that specifically criminalized schemes to defraud victims of "the intangible right of honest services" (honest services fraud). See also China Medical Technologies Email authentication List of confidence tricks Making false statements USA PATRIOT Act Ponzi scheme Sholam Weiss Taylor, Bean & Whitaker, top-10 U.S. wholesale mortgage lending firm that ceased business following multibillion-dollar fraud revelations Travel Act Notes References Jed S. Rakoff, The Federal Mail Fraud Statute (Part I), 18 771 (1980). External links United States federal public corruption crime Organized crime activity