NBC Evening News for Monday, Dec 22, 1980
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(Studio) Theft and use of stolen credit cards featured.
REPORTER: John Chancellor
(No location given) Time Share Transactions Services, company verifying credit card users, noted. Enormous business in stolen credit cards explained. Org. crime thought involved. Big convention cities said centers. James Trevelello, postal inspector, shown. Procedures of fraud explained. [Disguised, convicted MERCHANT - says fraud is so easy, he will go back to it when out of prison.) [Publisher Spencer NILSON - says mobs involved.] [Fraud investigator Ed VOLPE - says fraudulent cards can be made from sales slips.] Visa gadget for authenticating cards noted. [VOLPE - cites ease of fraud, slim chance of being caught.] $1 million said being stolen daily.
REPORTER: John Dancy
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.