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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Long-term trends to siphon off sales, NADA economist says

  1. Public-transit use peaked just after World War II, with more than 23 billion individual transit trips taken annually, according to the American Public Transportation Association. When Americans moved to the suburbs in the 1950s and began to purchase
  2. Only about 5 percent of the population will buy a new vehicle this year. If that rate was at the same level as in the 1970s, “we'd sell 19.5 million” this year, he said. • Gen Y has been delaying marriage and child-bearing -- one of the major drivers
  3. Throughout the seventeenth century, European traders started to buy these magical beans -- originally because they wanted a cut of the increasingly lucrative coffee market in Asia and the Middle East, but eventually bringing both the drink of coffee
  4. There is an overwhelming amount of stuff—to look at, drink, eat, and buy—at the Starbucks palace. The whole place is designed, apparently, to feature the Starbucks Reserve line of high-end coffees, during which I sampled the same coffee brewed in
  5. The bank will buy 700 million kroner ($90 million) a day in February, up from 500 million kroner a day this month, the Oslo-based central bank said Friday. Purchases are 200 million kroner higher than estimated in a survey of four economists.

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