Prosecutors target credit card thieves overseas

WASHINGTON – Criminals from around the world buy and sell stolen credit card information with ease in today’s digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors.

Justice Department officials are seeking a tougher law to combat overseas credit card trafficking, an increasingly lucrative crime that crosses national boundaries.

Authorities said the current statute is too weak because it allows people in other countries to avoid prosecution if they stay outside the United States when buying and selling the data and don’t pass their illicit business through the United States. The Justice Department is asking Congress to amend the law to make it illegal for an international criminal to possess, buy or sell a stolen credit card issued by a U.S. bank no matter where in the world the transaction occurs.

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Blanchard On Countours Of Policy

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  2. Who is going to tell you you're not allowed to buy euros for your vacation this summer ("capital controls"), tell your bank not to give you a loan ("macro-produential policy"), decide how many billions to siphon from your pocket to the owners of large
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  5. We are sort of a conventional company in that we get the investment to do this work from profit, so first we have to earn profits and then we siphon the money off to go do this work, and so that limits what we can do. Q. You seem to want to grow the

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