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Terry Maher quoted in a CongressDaily article

April 1, 2009

Terry Maher was quoted in an article published by CongressDaily on April 1. The article, "Card Industry, NRA Working To Oppose Border Initiatives," addresses legislation that will help prevent the drug cartels in Mexico from obtaining illicit cash by using stored-value or prepaid cards. Mr. Maher, general counsel for the Network Branded Prepaid Card Association, says that cards issued by companies in the association are not being used to smuggle cash to the cartels and that the funds are transferred through U.S. financial institutions, which watch for suspicious activity. To view the entire article please visit the CongressDaily web site.