Wire fraud is a type of financial crime in which an individual uses electronic communication, such as email or text message, to defraud another person or organization. This can involve using fake emails or messages that appear to be from legitimate sources, such as banks or government agencies, to trick the victim into providing personal information or money. Wire fraud is often used in conjunction with other types of cybercrime, such as phishing scams or identity theft. It can result in significant financial losses for victims and can have serious consequences for both individuals and organizations.