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Credit Card Crooks #508459

NBC Evening News for Monday, Dec 22, 1980
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(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

Chancellor, John;
Dancy, John

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