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Loss Did Not Trigger Computer Fraud Provision, 5th Circuit Says In Reversal

Mealey's (October 19, 2016, 9:55 AM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Oct. 18 held that a fraud scheme involving an email did not constitute computer fraud under a crime protection insurance policy, vacating a lower court’s $1.4 million judgment against the insurer (Apache Corp. v. Great American Insurance Co., No. 15-20499, 5th Cir.; 2016 U.S. App. LEXIS 18748).

(Per curiam opinion available.  Document #13-161020-021Z.)

Fraud Scheme

In March and April 2013, oil and gas exploration firm Apache Corp. fell victim to a fraud scheme when unknown...
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