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Lawmakers hear bill to target skimmer schemes, link financial fraud to trafficking and creation of restitution fund

2469183 · February 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Sen. Carolyn Boson proposed LB559 to criminalize the unauthorized use of skimmer devices, create higher penalties for leaders of organized financial‑crime enterprises and build a restitution fund for victims.

Senator Carolyn Boson introduced LB559, a package to address growing financial crimes (skimming, card‑washing and organized fraud), add higher penalties tied to the size of an enterprise and create a Financial Fraud Victims Restitution Fund.

Boson described a surge in skimming and other payment‑card fraud: industry witnesses cited sharp increases in compromised cards and urged a statutory toolset to help prosecutors go after organizers rather than only the low‑level participants. ‘‘Mastercard reported skimmers infected thousands of sites in 2022 and 2023, and compromised cards rose sharply,’’ the sponsor told the…

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