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Mastercard And Visa Are Refusing To Shut Down Payments For Ghost Guns
Buzzfeed ^ | June 17th, 2022 | Rosalind Adams

Posted on 06/17/2022 5:51:05 PM PDT by American Number 181269513

A chorus of prosecutors, gun legislation advocates, law enforcement officials, and corporate shareholders are calling on global credit card giants Visa and Mastercard to stop facilitating payments for “ghost guns,” or untraceable, easy-to-assemble firearm kits that are often sold over the internet. Visa and Mastercard, which process 75% of all credit card transactions in the United States, have so far refused to do so. Mastercard’s board unanimously recommended that shareholders vote against a new proposal that calls on the company to take action.

“Payment processors like MasterCard absolutely have the ability to restrict transactions related to ghost guns on their platforms,” said Seth Magaziner, the general treasurer of Rhode Island, who wrote the proposal. “They have the ability to do that and they are choosing not to.”

A BuzzFeed News investigation last month found that though Mastercard and Visa closely track businesses that have been flagged for lying to customers, lying to banks, and breaking the law, they rarely cut those businesses off. Instead, the card networks continue to facilitate the businesses’ transactions and to collect a percentage of every sale.

In February, George Gascón, the district attorney of Los Angeles County, asked Visa, Mastercard, and American Express to stop processing online purchases of ghost guns. “By your action, you can prevent a ghost gun from being sold over the internet with a few mere clicks on a smartphone or a computer,” the letters said. “It is to your company’s sense of right and wrong to which we now appeal.” Discussions with the card networks are ongoing, he said, though there has been no shift in policies from the networks on this issue so far.

Gascón said he is hopeful this will eventually change. “Good corporate citizenship can put a stop to bad businesses that would otherwise flourish because the law is always going to be inadequate to fully address the problem,” he said.

Darcel Clark, the Bronx district attorney, and Joyce Dudley, the DA of Santa Barbara, who are cochairs of the advocacy group Prosecutors Against Gun Violence, wrote a similar letter to Mastercard and Visa last month on behalf of more than 50 district attorneys from across the country who make up the organization.

Clark and Dudley say that Visa did not respond, and last week, Mastercard officials said in a call with the district attorneys that the company would not shut off the payments unless there was clear evidence of illegal activity.

In a statement to BuzzFeed News, Visa said it “requires each transaction processed over our network to be legal in both the buyer’s and seller’s jurisdictions. We do not tolerate the use of our network and products for illegal activity, and we are vigilant in our efforts to deter illegal activity on our network.”

A spokesperson for Mastercard said, “We believe that it is the responsibility of elected officials to enact meaningful policies to address the issue of gun violence, while it remains Mastercard’s role to ensure that consumers are permitted to make lawful purchases on our network.” It added that it’s working to ensure its products are not used to purchase these weapons in jurisdictions where they are not legal.

“American Express is committed to complying with all applicable laws and regulations related to the sale of firearms on our network, and requires all merchants who accept American Express cards to adhere to them,” the credit card company said in a statement to BuzzFeed News.

But 11 states as well as Washington, DC, have already passed legislation restricting the sale of ghost guns. And in April, the Justice Department announced new federal rules that will require retailers to include serial numbers on firearms and run background checks before selling the weapons, effective Aug. 24.

In the meantime, websites like ghostguns.com boast a countdown clock to when the new regulations are in effect, encouraging consumers to buy them now. Many of their bestsellers are already out of stock, the site shows. Until August, sites like these may sell kits that include components of weapons and can be easily assembled into a firearm. Since the parts aren’t classified as a firearm under current federal rules, background checks aren’t required and the weapons are not required to be registered and may lack serial numbers — all of which makes them nearly impossible to trace and an attractive option for criminals or simply anyone banned from gun ownership. The owner of ghostguns.com did not respond to calls or texts from BuzzFeed News.

“I was hoping that they would want to be leaders in this and take the lead, even though it's not illegal right now,” Clark said. “You know how devastating and damaging these kits are? Be a leader and do it anyway.”

Dudley told BuzzFeed News she was frustrated after the call with Mastercard officials. “They said they want to work with us but it’s not clear what that means,” she said. “I want all of us to do everything we can to reduce gun violence.”

Law enforcement officials say that ghost guns have played an increasingly large role in violent crime across the country in recent years. Between January 2016 and December 2021, the Bureau of Alcohol, Tobacco, and Firearms reported ghost guns had been involved in 692 homicide or attempted homicide investigations. In 2021, about 20,000 ghost guns were recovered from crime scenes and reported to the ATF.

“We don’t have to imagine how dangerous these guns are, we’ve seen it happen,” said Clark, the Bronx district attorney.

Recent mass shootings in Uvalde, Texas, and Buffalo, New York, have reignited the push for additional gun control legislation. Earlier this week, the Senate reached a deal on a federal gun safety bill that includes expanded background checks and the power for authorities to temporarily confiscate guns from people who are considered dangerous.

Mastercard and Visa do not have a direct relationship with merchants that sell items like ghost guns, but they can compel banks to not allow payments from specific merchants on their networks. Both have previously shut off action to websites even when the activity wasn’t strictly illegal, including the websites Pornhub and Backpage.

Magaziner, the author of the Mastercard shareholder proposal, said that since March 2020, he has had a series of meetings with card officials about shutting off payments to ghost guns, but he said the meetings went nowhere. The proposal was co-filed by a number of other shareholders including Connecticut Treasurer Shawn Wooden and Mercy Investment Services.

“It's short-sighted,” Magaziner said. “The quality of the brand is linked to corporate behavior. And so for Mastercard as a brand, it makes sense for them to disassociate themselves with socially destructive products, including ghost guns.”

The proposal is up for a vote on June 21.


TOPICS: Business/Economy
KEYWORDS: banglist; buttfeed; fakenews; ghostguns; guns; mastercard; visa
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To: American Number 181269513

Last September, I bought a 3d printer, and started learning to print my own guns. I just can’t describe how satisfying it is! There are a lot of skilled and creative folks working in the 3d2a space (and they are all providing their designs for free- if you see someone charging for 3d printed gun files, they almost certainly are selling someone else’s work).


41 posted on 06/17/2022 8:31:06 PM PDT by TexasBarak (I aim to misbehave!)
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To: American Number 181269513

as far as I know, the original “ghost gun” was the ar15 lower. Since then, there are 1911 and various glocks. Probably a lot more then I know.


42 posted on 06/17/2022 8:31:30 PM PDT by SPDSHDW (Buy JHP ammo, Level 3/4 armor and rifles. Won’t be able to for much longer, and we’re gonna need em)
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To: cyclotic

why do that, when they can get Guns dispersed by Holder’s DoJ?


43 posted on 06/17/2022 8:33:02 PM PDT by SPDSHDW (Buy JHP ammo, Level 3/4 armor and rifles. Won’t be able to for much longer, and we’re gonna need em)
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To: American Number 181269513
Forget an AR-15. Build yourself an AR-10.
44 posted on 06/17/2022 8:35:50 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: usconservative

If I had to choose between an AR-10 and an AK-47 I am not sure which I would choose.


45 posted on 06/17/2022 8:36:58 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Well, my preference would be AR-10 and that’s what I built for myself. I honestly don’t think there’s a bad choice between the two you presented.


46 posted on 06/17/2022 8:54:17 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: desertfreedom765

Well, they plan to make it illegal for the criminals to remove the serial numbers when they steal a gun....oh wait....


47 posted on 06/17/2022 9:35:07 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: American Number 181269513

What would save the lives of more American children? Stopping transactions of “ghost gun” parts, or stopping transactions of French fries at McDonalds?


48 posted on 06/17/2022 10:07:46 PM PDT by jz638
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To: MeneMeneTekelUpharsin

I would like to see all the gun grabbers who want us all to give up our guns to lead by example and give up not only their own guns, but all their armed private security.


49 posted on 06/17/2022 10:44:02 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: American Number 181269513
The Supreme Court needs to relieve us of the infringement requiring serial numbers on firearms. That alone would make most of gun control disappear.

I think the requirement for serial numbers is a recent invention of the anti-gunners. Our Founders would not have wanted the government to have an inventory of what weapons are owned by the people.

50 posted on 06/18/2022 12:19:17 AM PDT by William Tell
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To: MeneMeneTekelUpharsin
USC Title 18 Section 242 Deprivation of rights under color of law Whoever, under color of any law, statute, ordinance, regulation, or custom, willfully subjects any person in any State, Territory, Commonwealth, Possession, or District to the deprivation of any rights, privileges, or immunities secured or protected by the Constitution or laws of the United States, or to different punishments, pains, or penalties, on account of such person being an alien, or by reason of his color, or race, than are prescribed for the punishment of citizens, shall be fined under this title or imprisoned not more than one year, or both; and if bodily injury results from the acts committed in violation of this section or if such acts include the use, attempted use, or threatened use of a dangerous weapon, explosives, or fire, shall be fined under this title or imprisoned not more than ten years, or both; and if death results from the acts committed in violation of this section or if such acts include kidnapping or an attempt to kidnap, aggravated sexual abuse, or an attempt to commit aggravated sexual abuse, or an attempt to kill, shall be fined under this title, or imprisoned for any term of years or for life, or both, or may be sentenced to death.
51 posted on 06/18/2022 1:47:04 AM PDT by fella ("As it was before Noah so shall it be again,")
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To: fella
or may be sentenced to death.

Very few pay attention to what I write. And, I mean it.

52 posted on 06/18/2022 4:25:57 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: desertfreedom765

“This might be a dumb question, but what is the difference between a ghost gun and a stolen gun that a criminal removes the serial number from? To me, this just seems like more wordplay from the left.”

Nothing in a practical matter other than the no serial number ghost gun is legal, and it is just word play by the left.


53 posted on 06/18/2022 4:45:14 AM PDT by CodeToad (Arm up! They Have!)
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To: MeneMeneTekelUpharsin

I know that feeling.

It’s like a voice calling out in the wilderness.


54 posted on 06/18/2022 7:05:47 AM PDT by fella ("As it was before Noah so shall it be again,")
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