Credit card fraud

Intro

The law says access device, so this applies to online accounts that contains virtual money as well, this includes but not limited to: paypal, stormpay and others.

Summary

Fraud occurs in two ways:
1. When someone uses a stolen card or account and uses that to pay
2. When someone uses his/her own card or account and refuses to pay

Penalty:
Fine (amount varies) & 10-15 years jail
So if someone makes 3 fraud transactions = maximum 45 years jail sentance

Handled by:
All fraud cases is handled by Interpol (for international)


Related links
Read Chapter 47-1029 (Credit card fraud)
Cyber crimes: http://www.usdoj.gov/criminal/cybercrime/fedcode.htm


Reference:
United States Department of Justice > Criminal section
US http://www.usdoj.gov/criminal/cybercrime/1029NEW.htm