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A violation is also classified as an unfair and deceptive trade practice which is a class A misdemeanor. Unlawful possession or use is a class 6 felonyĬlassified as Financial Identity Fraud – a class C felony. Since 2001, 31 states and Puerto Rico have enacted statutes that provide criminal penalties for using a credit card skimming device, also known as credit card re-encoder or wedge, used to steal an individual's credit card number and data stored through the credit card's magnetic stripe. Legislation Last Updated: January 24, 2011 Law, Criminal Justice and Public SafetyĬredit Card Skimming Laws and Legislation.Communications, Financial Services and Interstate Commerce.
#MSR 205 MAGNETIC STRIPE CARD ENCODER READER WRITER PROFESSIONAL#
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