The government has approved a draft law that provides the authorities with new tools to effectively investigate and punish fraud involving non-cash means of payment, including actions through which such fraud is created or encouraged. The draft proposes to amend the Criminal Code and the Code of Criminal Procedure by introducing an article on ‘Theft of a bank card’, as well as to clarify certain existing provisions.
Furthermore, clearer restrictions are being introduced regarding the manufacture and use of counterfeit payment instruments, as well as their sale or storage for fraudulent purposes.
Another measure targets devices, tools and programmes developed or adapted specifically for the commission of these offences. The draft bill provides for penalties for their manufacture, acquisition or provision, where these acts are committed with the intention of committing fraud.
At the same time, law enforcement agencies will be granted additional investigative powers, including the ability to scrutinise transactions and access financial information.
“Technology is advancing rapidly, and new methods of fraud are constantly emerging. It is therefore essential to bring the legal framework into line with requirements so that we can intervene at the preparatory stage of fraud,” said Vladislav Kozhukhar, Minister of Justice.
The new rules also bring the Republic of Moldova’s legislation into line with European Union standards. This step is particularly important for combating cross-border e-fraud involving individuals and organisations from different countries.
This story was translated with the assistance of artificial intelligence.
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