Law360, New York (December 03, 2010, 8:05 PM ET) -- A panel of the U.S. Court of Appeals for the Ninth Circuit has found that honest services mail fraud does not require a fiduciary duty on the fraudster’s part, laying down its stake in a debate that has split other circuits.
The U.S. Supreme Court has not said whether a fiduciary duty is an essential component of honest services mail fraud, and other circuits have come down on both sides of the fence, “so no decision we make can avoid a circuit split,” Judge Andrew Jay...