SWIPES Act Saving Wallets and Increasing Penalties for Elder...
A bill to amend title 18, United States Code, to enhance penalties for certain cases of gift card fraud, and for other purposes.
This bill proposes to strengthen the penalties for certain types of gift card fraud by amending Title 18 of the United States Code. If passed, it aims to make the punishment more severe for those who engage in illegal activities involving gift cards. This could include actions like counterfeiting or trafficking in stolen gift cards.
This legislation would primarily affect individuals and businesses involved in illegal gift card transactions, especially those who commit these acts on a larger scale. Enhanced penalties may deter future fraud and protect consumers from financial losses.
As of August 4, 2026, the bill has just been introduced and referred to the Senate Committee on the Judiciary. This means it is in the early stages of the legislative process, and no further action has been taken yet. The committee will review the bill and may hold hearings or make changes before it moves forward.
