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Can you summarize MNST 609.821?
CRIMINAL CODE > FINANCIAL TRANSACTION CARD FRAUD.
Short Summary
This section of the Minnesota Statutes defines and governs financial transaction card fraud. It provides definitions for terms such as ‘financial transaction card,’ ‘cardholder,’ and ‘issuer.’ The section outlines various actions that constitute financial transaction card fraud, including using a card without the cardholder’s consent, using a forged or false card, selling or transferring a card without authorization, and engaging in trafficking of SNAP benefits. The penalties for financial transaction card fraud vary depending on the value of the property obtained or attempted to obtain, or the aggregate amount of the transactions. The maximum penalties range from imprisonment for not more than 20 years and/or a fine of not more than $100,000 for transactions exceeding $35,000, to imprisonment for not more than one year and/or a fine of not more than $3,000 for transactions not exceeding $250.
Whom does it apply to?
Any person who commits financial transaction card fraud
What does it govern?
Financial transaction card fraud
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
The penalties for financial transaction card fraud vary depending on the value of the property obtained or attempted to obtain, or the aggregate amount of the transactions. The maximum penalties range from imprisonment for not more than 20 years and/or a fine of not more than $100,000 for transactions exceeding $35,000, to imprisonment for not more than one year and/or a fine of not more than $3,000 for transactions not exceeding $250.
Jurisdiction
Minnesota