What is the National Stolen Property Act?
The National Stolen Property Act (NSPA) is a United States Federal law that was passed in 1934 and amended in 2018. It criminalizes the interstate transport of stolen goods, services, or proceeds of crime. It applies to any person who knowingly transports, receives, conceals, stores, barters, sells, or disposess of stolen property that has traveled in interstate or foreign commerce. Under the NSPA, stolen property can include real or personal property of any kind. It can also include lost or mislaid property, taking or withholding of property from the rightful owner, or embezzlement or theft of property. Further, the NSPA also addresses the interests of victims of identity theft. In South Carolina, the NSPA is enforced by the Attorney General’s Office. If someone is charged with a violation of the NSPA, the individual may be subject to fines and/or imprisonment for up to 10 years. The NSPA acts to protect both businesses and individuals from theft, fraud, and other criminal activities. It is intended to deter individuals from engaging in criminal activity by imposing serious penalties on those who violate the law. As a result, it serves to protect both individuals and businesses from financial and emotional losses due to theft.
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