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Pennsylvania lawmaker to introduce legislation to crack down on gift card scams [CBS News]

Walmart Inc. (WMT)  More Company Research Source: CBS News
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Now, a state lawmaker is hoping to stop these criminals with legislation. Democratic state Rep. Lisa Boscola of the Lehigh Valley region said she couldn't believe how prevalent the problem is with criminals draining gift cards. "Imagine the holidays when you're buying a gift card, and then your loved one or friend tries to activate and there's no money there," Boscola said. The U.S. Department of Homeland Security is now calling it a billion-dollar international industry connected to Chinese criminal networks, funding illegal activity. In fact, former Pennsylvania Attorney General Michelle Henry announced this past January the arrest of a 20-year-old Chinese national who pleaded guilty in Lawrence County to draining nearly 4,000 Apple gift cards, potentially worth nearly $1 million, from Walmart stores across the greater Pittsburgh area. He altered the cards and redirected the funds to himself before putting them back on store shelves. "To know that the money is being used in [Read more]
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Stockreport

Pennsylvania lawmaker to introduce legislation to crack down on gift card scams [CBS News]

Walmart Inc.  (WMT) 
More Company Research Source: CBS News
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Now, a state lawmaker is hoping to stop these criminals with legislation. Democratic state Rep. Lisa Boscola of the Lehigh Valley region said she couldn't believe how prevalent the problem is with criminals draining gift cards. "Imagine the holidays when you're buying a gift card, and then your loved one or friend tries to activate and there's no money there," Boscola said. The U.S. Department of Homeland Security is now calling it a billion-dollar international industry connected to Chinese criminal networks, funding illegal activity. In fact, former Pennsylvania Attorney General Michelle Henry announced this past January the arrest of a 20-year-old Chinese national who pleaded guilty in Lawrence County to draining nearly 4,000 Apple gift cards, potentially worth nearly $1 million, from Walmart stores across the greater Pittsburgh area. He altered the cards and redirected the funds to himself before putting them back on store shelves. "To know that the money is being used in [Read more]
IMPACT SNAPSHOT
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WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS