Legislation: Charge!

To many a person wary of thieves, traveler's checks and credit cards are better than cash. Thieves agree. Precisely because the cards and checks are not legal tender, a smart crook knows that he is usually safer stealing or forging them than he is stealing or forging the real thing. In many states, lifting a credit card amounts to nothing more than lifting a penny's worth of plastic: serious crime may occur only when the issuing company is actually defrauded. The situation is much the same with traveler's checks. As a result, a man found in possession of a...

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