BALL SPONSORED BILL TARGETING CREDIT CARD FRAUD BY TERRORIST PASSES SENATE FLOOR

 

     

    Albany, N.Y. – (2/6/12) – On Monday, February 6th, the New York State Senate voted to enforce stricter penalties on criminals providing financial support for terrorist organizations through credit card fraud and money laundering.

    The legislation (S5270) sponsored by Senator Greg Ball (R, C – Patterson), Chairman of the Veterans, Homeland Security and Military Affairs Committee, hits terrorists organization’s underbelly by taking more serious action against their fundraising abilities. The new legislation will increase the penalties for soliciting or providing support for acts of terrorism in the first, second, and third degree of credit card fraud.

    In April 2011, Senator Ball held a Homeland Security Hearing to assess the opportunities available to New York State to strengthen its Homeland Security Operations.  A critical issue identified after the course of various testimonies was the increasing capability of terrorist organizations and their backers to obtain funds through credit card fraud and money laundering. More disturbing, it was determined that the current penalties for such crimes do not substantially discourage or potentially sever terror funding.

    “This piece of legislation is a preventative measure to ensure that New York State continues to maintain its commitment to discourage terror funding and acts of terror,” said Senator Ball.  “New York State must continually assess what preventative measures are in place against terror and what new initiatives can be put in place to ensure our continued safety.”

    For more information or to speak with Senator Ball, please contact Brittany Oat: (845) 200-9716.

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