The Credit Card Fraud Act imposes prison sentences and stiff fines on persons convicted of unauthorized or counterfeit use of credit cards and debit cards. Also, the law makes it a federal crime to use any unauthorized card, plate, code, or account number to obtain money, goods, or services. The Secret Service is authorized to investigate violations under this act.
The Credit Card Fraud Act imposes prison sentences and stiff fines on persons convicted of unauthorized or counterfeit use of credit cards and debit cards. Also, the law makes it a federal crime to use any unauthorized card, plate, code, or account number to obtain money, goods, or services. The Secret Service is authorized to investigate violations under this act.