18 U.S.C. § 1346 makes it a crime for an employee of a corporation or elected official to fraudulently deprive the corporation or the public of that employee’s “intangible honest services.” The concept of honest services fraud developed in the common law and refers to the idea that a corporate officer or elected official owes a duty to the public to perform his or her job honestly. Failure to do so defrauds the public of the “intangible” value of those services.