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| Glenview Private High School |
| Conviction on Credit Card Fraud Carries Penalties of 10 Years Imprisonment and/or a $10,000 Fine on each count! U.S.C. Title 18, Section 3056, Subsection (b), specifically authorizes the United States Secret Service to detect and arrest any person who violates federal criminal laws relating to credit card fraud and related activity in connection with computers and/or access devices. United States The increase in crimes of identity theft lead to the drafting of the Identity Theft and Assumption Deterrence Act.[10] In 1998, The Federal Trade Commission appeared before the United States Senate.[11] The FTC discussed crimes which exploit consumer credit to commit loan fraud, mortgage fraud, lines-of-credit fraud, credit card fraud, commodities and services frauds. The Identity Theft and Assumption Deterrence Act (2003)[ITADA] amended the U.S. Code § 1028: "Fraud related to activity in connection with identification documents, authentication features, and information". The Code now makes possession of any "means of identification" to "knowingly transfer, possess, or use without lawful authority" a federal crime, alongside unlawful possession of identification documents. The Act also provides the Federal Trade Commission with authority to track the number of incidents and the dollar value of losses. There figures relate mainly to consumer financial crimes and not the broader range of all identification-based crimes.[12] Punishments for the unlawful use of a "means of identification" were strengthened in § 1028a, allowing for a consecutive sentence under specific conditions of a felony violation defined in § 1028c. If used to commit another crime in the commission of identity theft in the United States (if charged federally) include: • Class B Felony: 6-20 years in Jail and a fine up to $10,000 • Class C Felony: 2-8 years in Jail and a fine up to $10,000 If charges are brought by state or local law enforcement agencies, different penalties apply depending on the state. 18 U.S.C. § 1028(a)(7). This offense, in most circumstances, carries a maximum term of 15 years' imprisonment, a fine, and criminal forfeiture of any personal property used or intended to be used to commit the offense. Schemes to commit identity theft or fraud may also involve violations of other statutes such as identification fraud (18 U.S.C. § 1028), credit card fraud (18 U.S.C. § 1029), computer fraud (18 U.S.C. § 1030), mail fraud (18 U.S.C. § 1341), wire fraud (18 U.S.C. § 1343), or financial institution fraud (18 U.S.C. § 1344). Each of these federal offenses are felonies that carry substantial penalties ¬ in some cases, as high as 30 years' imprisonment, fines, and criminal forfeiture. Federal prosecutors work with federal investigative agencies such as the Federal Bureau of Investigation, the United States Secret Service, and the United States Postal Inspection Service to prosecute identity theft and fraud cases. |