[Congressional Record Volume 168, Number 192 (Monday, December 12, 2022)]
[House]
[Page H9687]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       CREDIT CARD SKIMMING FRAUD

  (Mr. LaMALFA asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. LaMALFA. In Northern California, thousands of residents have 
reported having their credit card information stolen by these sneaky 
credit card skimmers. One skimmer alone at a Walmart in Redding, 
California, captured the information of over 4,000 cards.
  In the first 6 months of 2022, credit card skimming fraud grew by 700 
percent in this country. This scheme can deplete bank accounts before 
unsuspecting consumers even realized that their card information has 
been stolen.
  Skimming costs financial institutions and consumers at least $1 
billion a year, a figure that will only increase. As rates of skimming 
increase, as well as the U.S. moving more and more to digital-type 
transactions, the opportunity for fraud will grow exponentially.
  We must crack down on all types of this crime and create a society 
that doesn't tolerate or defend these individuals who engage in these 
behaviors.
  We must continue to equip law enforcement with the tools needed to 
investigate and prosecute these types of financial crimes.

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