The following excerpt is from U.S. v. Zaretsky, 26 F.3d 135 (9th Cir. 1994):
One element of the crime of wire fraud is a fraudulent scheme in which the defendant possesses the specific intent to defraud. See United States v. Clevenger, 733 F.2d 1356, 1358 (9th Cir.1984); United States v. Cusino, 694 F.2d 185, 187-88 (9th Cir.1982), cert. denied, 461 U.S. 932 (1983). A defendant who pleads guilty to wire fraud admits that he had the specific intent to defraud. United States v. Davis, 922 F.2d 1385, 1392 (9th Cir.1991).
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