Credit Card fraud

 

 

Credit Card fraud is governed by Massachusetts General Law Chapter 266, Section 37B and 37C. The law states as follows:

 

 

Section 37B also governs procuring a credit card by providing false material information as to identity or finanical condition on a credit card application with the intent to defraud is guilty of credit card fraud as well. The penalty under this section is no more then a $500 fine or imprisonment in jail for not more then 1 year.

 

 

 Section 37C.  "Whoever, with intent to defraud, (a) obtains control over a credit card as security for debt, or (b) receives a credit card which he knows was taken or retained under circumstances which constitute credit card theft or a violation of clauses (a) or (d) of section thirty-seven B or clause (a) of this section, or (c) falsely makes or falsely embosses a purported credit card or utters such a credit card, or (d) obtains money, goods, services or anything else of value by use of a credit card obtained or retained in violation of clauses (b) to (e), inclusive, of section thirty-seven B, or by use of a credit card which he knows is forged, expired or revoked, where the value of the money, goods or services obtained in violation of this section is in excess of two hundred and fifty dollars, or (e) obtains money, goods or services or anything else of value by representing without the consent of the cardholder that he is said cardholder or by representing that he is the holder of a card and such card has not in fact been issued, where the value of money, goods or services obtained in violation of this section is in excess of two hundred and fifty dollars, or (f) being a person authorized by an issuer to furnish money, goods, services or anything else of value upon presentation of a credit card which he knows was obtained in violation of subsections (b) to (e)....."    

 

 

The penalty under Section 37C shall be fine of not more than two thousand dollars, or by imprisonment in a jail or house of correction for not more than two and one half years or in the state prison for not more than five years, or by both such fine and imprisonment.   

 

 
Attorney at Law