Credit and Debit Card Counterfeiting and Fraud Act of 1983: Hearing Before the Committee on the Judiciary, United States Senate, Ninety-eighth Congress, First Session, on S. 1870 ... October 31, 1983 |
Other editions - View all
Common terms and phrases
account numbers addition altered amendment American Bankers Association automated teller machines bank card believe bill card crime card issuers card number cardholder Chairman Committee CONGRESS THE LIBRARY consumers counterfeit cards Counterfeiting and Fraud credit and debit credit card counterfeiting credit card fraud credit card industry credit or debit criminal activity deal Debit Card Counterfeiting debit card fraud Department of Justice dollar losses efforts Electronic Fund Transfer embossed enacted FEDERAL CRIME financial institutions Fraud Act fraud losses FRAUD STATUTE fraudulent payment device Fund Transfer Act increase intent to defraud investigation and prosecution Judiciary jurisdiction KEENEY KELLEHER KRUMME legislation Lending Act LIBRARY OF CONGRESS MAISCH MasterCard International merchant million organized crime penalties percent problem prosecutors sales slips Secret Service Senator D'Amato Senator GRASSLEY sophisticated stolen cards Strom Thurmond subsection Thank tion title 15 transactions Truth in Lending U.S. Secret Service United States Code violations white-collar crime
Popular passages
Page 142 - cycle" means the interval between the days or dates of regular periodic statements. These intervals shall be equal and no longer than a quarter of a year. An interval will be considered equal if the number of days in the cycle does not vary more than 4 days from the regular day or date of the periodic statement. (5) "Board" means the Board of Governors of the Federal Reserve System.
Page 142 - organization" means a corporation, government or governmental subdivision or agency, trust, estate, partnership, cooperative, or association. (d) The term "person" means a natural person or an organization. (e) The term "credit...
Page 3 - FRANK) introduced the following bill; which was referred to the Committee on the Judiciary A BILL To amend title 18 of the United States Code to strengthen the laws against the counterfeiting of trademarks, and for other purposes.
Page 142 - legal holiday" includes New Year's Day, Washington's Birthday, Memorial Day, Independence Day. Labor Day, Columbus Day, Veterans Day, Thanksgiving Day, Christmas Day, and any other day appointed as a holiday by the President or the Congress of the United States, or by the state in which the district court is held.
Page 100 - Board, the Federal Savings and Loan Insurance Corporation, or the National Credit Union Administration. (8) The term "National Institute of Building Sciences" means the institute established by section 809 of the Housing and Community Development Act of 1974.
Page 25 - Whoever— (1) knowingly, in a transaction affecting interstate or foreign commerce, uses or attempts or conspires to use any counterfeit, fictitious, altered, forged, lost, stolen, or fraudulently obtained...
Page 142 - A person regularly extends consumer credit only If it extended credit more than 25 times (or more than 5 times for transactions secured by a dwelling) In the preceding calendar year. If a person did not meet these numerical standards In the preceding calendar year, the numerical standards shall be applied to the current calendar year. (20) Open-end credit...
Page 142 - Cardholder means a natural person to whom a credit card is issued for consumer credit purposes, or a natural person who has agreed with the card issuer to pay consumer credit obligations arising from the issuance of a credit card to another natural person. For purposes of §226.12(a) and (b), the term includes any person to whom a credit card is issued for any purpose, including business, commercial, or agricultural use, or a person who has agreed with the card issuer to pay obligations arising from...
Page 142 - cardholder" means any person to whom a credit card is issued or any person who has agreed with the card issuer to pay obligations arising from the issuance of a credit card to another person. (n) The term "card issuer" means any person who issues a credit card, or the agent of such person with respect to such card.
Page 99 - ... or imprisonment for not more than twenty years, or both, in the case of an offense under subsection...