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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Cuomo Promotes Tax Credits for Families of Students at Private Schools

  1. Many store shelves lie bare, and people wait in line for hours to buy basics, a crisis made much worse by the years of hemorrhaging dollars through import fraud. “Taking into consideration the behavior of oil prices, these are resources that we could
  2. Donors to nonprofit groups that award scholarships to private school students would get a tax credit for up to 75 percent of their donations. Tax credits would also be available for donations to public schools and for public-school teachers who buy
  3. The trouble comes when hackers are able to crack a user's weak password, and proceed to buy digital gift cards for themselves. CNN Money reported that Kristi Overton experienced such a hack on Monday morning. She was at work — an auto body shop in 
  4. Add one more entry to the ever-growing list of businesses trying to siphon money from America's wealthiest citizens: An Upper East Side pharmacy is betting that residents of the tony Manhattan neighborhood will pay a sizable premium for personalized
  5. Negative interest rates will only work if the people cannot remove their funds in the form of cash. Once cash is removed from the system then “money” is captured within the banking system and they can charge whatever negative interest rates, service

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