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Can you summarize 15 USC 1644?
Credit Transactions > Fraudulent use of credit cards; penalties
Short Summary
This legal document, found in the United States Code under the section on Consumer Credit Protection, specifically addresses the fraudulent use of credit cards. It outlines various actions that are considered illegal, including using counterfeit, fictitious, altered, forged, lost, stolen, or fraudulently obtained credit cards to obtain money, goods, services, or anything else of value. The document also covers the transportation of such cards in interstate or foreign commerce, as well as the use of interstate commerce to sell or transport them. Additionally, it addresses the receipt, concealment, and transportation of goods or tickets obtained through the use of fraudulent credit cards. The penalties for violating this document can include fines of up to $10,000, imprisonment for up to ten years, or both.
Whom does it apply to?
Any individual or entity involved in a transaction affecting interstate or foreign commerce
What does it govern?
Fraudulent use of credit cards
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Fine of up to $10,000 or imprisonment of up to ten years, or both
Jurisdiction
U.S. Federal Government