Wire fraud is a type of crime where someone uses electronic communications-such as email, phone, or the internet-to intentionally deceive others and steal money or sensitive information. This form of fraud often involves tricking victims into transferring funds or revealing confidential data by impersonating trusted individuals or organizations. Because wire fraud uses digital channels, it can cross state and national borders, making it a common method for cybercriminals to target individuals and businesses worldwide. Law enforcement treats wire fraud as a serious offense with severe penalties.