ACFE Exam CFE-Law 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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Willodean

25 days 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

2 days 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

7 days 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

14 days 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

15 days 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

16 days ago

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

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Jennie

21 days 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 months 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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Mariann

12 days ago

B) Wire fraud

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Robt

25 days ago

A) Mail fraud

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Bo

2 months 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

2 days 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

14 days ago

B) Wire fraud

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Aimee

14 days ago

B) Wire fraud

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Annamae

17 days ago

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

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Burma

22 days ago

A) Mail fraud

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Jesse

25 days ago

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

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Mabelle

1 months ago

A) Mail fraud

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Flo

2 months 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

2 months 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

2 months 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

2 months ago

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

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Cassie

2 months ago

I think the answer is A) Mail fraud.

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