This is another law term I'm confused about, what is wire fraud?

Read on: 

http://en.wikipedia.org/wiki/Mail_and_wire_fraud

http://www.investopedia.com/terms/w/wirefraud.asp

http://www.law.cornell.edu/uscode/text/18/1343

 

and even more: https://www.google.se/search?q=wire+fraud&oq=wire+fraud&aqs=chrome.0.69i59j0l5.1116j0j1&sourceid=chrome&es_sm=122&ie=UTF-8

Wiki link: http://en.wikipedia.org/wiki/Mail_and_wire_fraud

 

TL:DR: Any type of scheme committed against a person or organization in order to steal money, property, or other valuables through the use of Wire Communications (Internet, telephone, etc) or mail. It's been a federal law since 1872. So when you hear about a pozni scheme or a scam that is on the internet that is stealing money away from individuals, they may be charged with Wire and Mail fraud.

Read on: 

http://en.wikipedia.org/wiki/Mail_and_wire_fraud

http://www.investopedia.com/terms/w/wirefraud.asp

http://www.law.cornell.edu/uscode/text/18/1343

 

and even more: https://www.google.se/search?q=wire+fraud&oq=wire+fraud&aqs=chrome.0.69i59j0l5.1116j0j1&sourceid=chrome&es_sm=122&ie=UTF-8

Oh thank you both of you. :)

I've seen cases like these on investigation discovery.

You couldn't have just Google it? 

It's basically a way for the feds to bring their resources to bear on big-time frauds, by making fraud that uses telecommunications at any point to further the fraud into a federal crime. Mail fraud is similar - fraud using the US Post Office is a federal crime. Between them, the feds can investigate and charge for just about any serious fraud (as it's hard to pull it off without ever using the mail or telecommunications at some point to assist in the fraud). It's not all that inaccurate to read "mail fraud" or "wire fraud" as just "fraud, prosecuted in federal court instead of state court".