id theft fraud prevention

Joe Farinaccio asked:


there to do when it comes to fixing Identity theft?” ask most fraud victims.

Naturally, this question comes after fraud has happened. Many software programs on the market today are promising to prevent id theft from taking place by making you aware of any flags you establish for existing accounts or new credit lines.

The Federal Trade Commission does offer a slew of great information on it’s website. There is a challenge in trying to tie together all the details about what needs to be done in order to shut down ID fraud, while cleaning up all affected records.

For example, the first piece of sage advice you’ll most often read about will say something like, “Call the credit reporting agencies immediately.” This is absolutely correct. Phone numbers for the big 3 credit reporting agencies are: Trans Union – 800-888-4213, Experian – 888-397-3742 and Equifax – 800-685-1111.

But then what?

There are a few important things you can ask for during the call. For example …

1) You need to request a free copy of your credit report. (Anyone may request a free copy of his or her credit report from CRAs each year. And if you’re denied credit, employment or insurance as a result of identity theft then you’re entitled to an additional free copy of your credit report).

2) Request that a “fraud alert” be attached to your credit profile.

Now comes the more detailed actions. After your credit reports come you must do several important things. Among them are:

3) Specifically identify fraudulent accounts and inquiries and ask that each one be removed from your credit profile. (The CRAs may tell you that you need to do this in writing, which we’ll cover in the next section). Then ask the CRA to send you a copy of the notification(s) of fraud sent to each credit grantor who they contact regarding suspected fraudulent activity.

4) Ask each CRA for a list of names, phone #’s and addresses for all businesses and organizations that looked at your credit history in the past year (and perhaps even longer, depending on how long the fraud has been going on).

Request the agency to call you whenever applications are made for new credit lines in your name. The alert can say something like, “Please contact me immediately at this phone number before issuing any credit. All new credit applications must be validated and personally authorized by me.”

6) Ask the Credit Reporting Agency to contact every company that has received your credit report in the last year and tell them you’re a victim of identity theft. Request that copies of these notices be sent to you in order to make sure the CRAs follow through with your request.

7) Now you need to call the credit grantors your information search has revealed the identity thief has set up fraudulent accounts with. Tell each one you’re the victim of identity theft and indicate the account(s) in question.

Ask each one to stop issuing credit to the fraudster who has stolen your personal information.

9) Request that fraudulent accounts be closed immediately, then ask for their removal from your credit profile. If an identity thief was able to use a valid credit account (one opened by you), such as a credit card account, then you’ll either have to get a new card issued (with a new number) or cancel the card altogether. It’s better to have this kind of request worded something along the lines of, “This account has been closed at the customer’s request.” That reads much better than, “Card was stolen or lost.”.” Wording such as that might negatively impact your credit score in the future.

10) Request all documentation associated with the fraudulent accounts (including original application). Companies are required to send you this information under federal law. Fraudulent applications often contain forged signatures and other information that might be useful to you or law enforcement. Such documentation includes: false application with forged signature, all billing statements, address and phone number where credit cards were mailed, all correspondence between a creditor and the identity thief, plus electronic, audio or video evidence related to the crime.

11) Don’t forget to ask the credit grantor, company or agency to verify your requests … in writing.



Christian

cvballer06 asked:


what is the penalty for having a fake ID in california while being over the age of 18?
i got my fake ID taken away in sonoma coounty while being searched because my friends had alcohol in their hands when we walked outside i didnt have nething in my possession except my fake ID and it got takin away and got a ticket im 18 years old and i was curious to see what the penalty will be… my FAKE I.D had MY NAME on it MY PICTURE and ALL MY REAL INFORMATION even my DRIVERS LICENSE I.D # except it said i was 22 instead of 18 so i’m pretty sure it cant be IDENTITY THEFT because it had all of the above information on it but i have no idea what the reprocussions will be for this so if ne one could help it would be greatly appreciated
ex. $500 fine, community service, license suspension etc.
if ne one at all could help me out it would calm my nerves dramatically thank you for all who answer i really appreciate it

Lance

S. Michael Windsor asked:


ID Theft and Identity Theft Prevention

Identity theft affects over 9 million Americans alone each year. As the degree of damage varies from individual to individual, the lasting effects are nearly the same. ID theft ultimately affects your credit score. And in many cases ID theft can cause major damage without the victim even realizing it at first. Identity theft can occur simply by a ID thief obtaining a person’s identifying information such as their name, Social Security numbers, credit care and other account numbers and more.

There are many ways thief can use a person’s identity and not just so they can steal money and buy home theater systems or take lavish vacations, like the recent college-aged thieves caught after years of stealing credit to finance expensive vacations, but many will even steal such information for paying their own rent, telephone bill or even checking out books at the public library.

There are many ways in which an identity thief can obtain your information. Many of the methods used more frequently include going through your trash, going through your mail and stealing a credit card statement in order to obtain your credit card number, email scams, stealing purses and wallets, and even an employee at a restaurant or store jotting down your credit card number as they are running your card.

These events and more can really damage a person’s credit report and overall score which could take a while just to get back in order.

So how can a person protect themselves from identity theft? The most effective way to combat identity theft is to check your billing statements regularly as well as monitor your credit report regularly. Monitoring ones credit does not have to occur daily. But, if done on a monthly basis, one can see any discrepancies on their credit report soon after a potential identity theft occurrence appears on their credit report or billing statement.

Despite the fact that the ID theft occurrence may not be entirely the credit holder’s fault, the lasting effects become that victim’s responsibility to discover and fix. However, there are now services that provide identity theft protection which can be found in more detail at our site. These services can help you keep a close eye on your credit and all identifying information and help prevent identity theft overall.



Theodore

Allied Fraud Solutions asked:


ID Theft is a Crime that occurs when someone takes any of your personal information and fraudulently uses it to obtain access to your Credit Accounts, Financial Accounts, Medical Records, Obtain Employment, or Commit Crimes.

Criminal: This is when identity thieves use your information while committing various crimes. An example of this would be stealing a car and leaving your information for the cops to get.  This is when someone uses your information after stealing it to get a driver’s licence in your name or claim to be you if they get pulled over by the police.

Driver’s License Identity Theft: Some one gets a ticket or DUI and has a fake drivers license with your information.

Medical Identity Theft: This is when identity thieves use your information for insurance benefits like Medicare and to get medical tests done in your name. A big one is thieves getting HIV tests with their victim’s informatio.  This is the most popular form of identity theft. This is where identity thieves use your information to open new accounts or gain access to your existing accounts to steal money.

Financial Identity Theft: Some one uses your credit card.

Social Security Identity Theft: This is when identity thieves use your social security number to gain employment or to report income under your name.

No one expects Identity theft to happen to them, but it affects millions of people in America each year.



*When an identity thief strikes, the emotions can feel similar to those experienced during a house fire. All of a sudden, everything you’ve worked for is threatened. If your home were on fire, would you want the fire department to send you brochures about how to put out the fire, then follow up with brochures about how to rebuild? Of course not. You’d want them to jump in the truck, turn on the sirens, and bring the water!

Allied Fraud Solutions: we provide proactive solutions to the # 1 crime. www.alliedfraudsolutions.com



Jorge

J N asked:


Okay, so basically my house was broken into. They stole all the paper works which include our passport and our social security. I know I can get either of them replaced. But what I am wondering is, they got our SS numbers, how will they be stopped? what could happen. they possess everything about us. ID theft etc. I don’t know. Please someone help me. Anyway to stop them? Any experience?

Agnes

Keith Londrie asked:


Identity theft crimes are not new, but they have become more pervasive in the past decade. One of the most insidious forms of white-collar crime, identity theft is a federal offense under the Identity Theft and Assumption Deterrence Act. It occurs when someone deliberately assumes your personal identity to impersonate you in a legal sense. There are people out there who are malicious and want to mess your life simply because they can. Businesses and financial institutions that lose $52.6 billion each year are under tremendous pressure from consumers to tackle this problem.

Last year, identity fraud crimes topped the list of complaints reported to the Federal Trade Commission (FTC), the leading governmental agency offering identity theft help, for the fourth consecutive year. The FTC collects complaints about identity theft from consumers who have been victimized. Although the FTC does not have the authority to bring criminal cases, it can offer identity theft help by providing information to assist the victims in resolving the financial and other problems that can result from this crime. As additional identity theft help, the FTC also refers victims complaints to other appropriate government agencies and private organizations for further action. The support of these knowledgeable resources expedites recovery, while enhancing your peace-of-mind.

Accurate and up-to-date information is the most critical element to minimize risk. For this reason, Federal Trade Commission recently launched an identity theft help web site called annualcreditreport where all consumers are eligible for a free copy of their credit reports. In order to effectively respond to suspected ID fraud you should place an identity theft alert in one of the three consumer reporting agencies and that agency will notify the other remaining two. These agencies are: Equifax at 1-800-525-6285, TransUnion at 1-800-397-3742 and Experian at 1-800-680-7289. These credit reporting agencies can also be found online.

The ID Theft Clearinghouse managed by the FTC is a tool designed to coordinate law enforcement efforts in the United States. But, in the end, local law enforcement agencies like the police and district attorney end up dealing with most identity fraud cases. If you have been a victim of identity fraud, it’s these local agencies that will mostly likely offer identity theft help.

It would also be a good idea to study some of the different methods of identity theft so that you can effectively combat them. Do things like shredding your important documents with any account information or identifying information.



Sandra

Abhishek Agarwal asked:


Are you really safe from identity theft? Each day people are being attacked. So how would you feel if you got arrested for a crime you did not commit? The phone rings and creditors are harrassing you saying you owe X amount of dollars despite the fact you do not have a credit card or you haven’t used it in that month. What will you say to them?

Perhaps when you become a victim you will have the answers to these questions. But until then…

People say that identity theft is the “perfect crime” Everyone who is anyone can be a victim including children. The best way to prevent yourself from being the prey is learn about the crime. There are millions affected every year.

Once a thief decides to take your place in your life, it’s almost impossible to get that life back. So you have not been a victim of ID theft, then do not take any risk that can harm those chances.

ID theft is the type of crime that one person pretends to be another in sake of getting information, money or any other reasons. This is typically done for financial reasons and or criminal activity.

Information that the thieves look to get are the potential victim’s complete name, their date of birth and any array of related data such as social security number, passport, driver’s license number and credit card number.

Once the thief has any part of the information, he or she can use it to take over the victim’s accounts. He or she can apply for loans and even purchase items and services.

The thief can also apply for medical benefits, education assistance and other personal finances. Just by creating or forging birth certificates or immigration documents, all this can be gotten when presented to the right agency who provides this type of help.

For those who are involved in this kind of crime either want to mislead police on who is committing the fraud or hide from police while they are pursuing the assailant. Some like to use the person’s name to do larger crimes and do human trafficking and terrorism acts.

According to the Federal Trade Commission (FTC) 29 percent of complaints come from individuals from people aged 18-29, 25 percent for 30-39 individual ages, 21 percent in from individuals in their 40s. 13 percent from the individuals in 50s. The remaining 10 percent come from those ages 60 and older.

Thieves target those who have an average income and those with good credit.

Do not forget that even children can be victims of identity theft especially from their relatives…their parents mainly.

Even businesses, corporations and smell enterprises can be struck by identity theft by thieves disguising themselves as the top executives of the company. They withdrawal large sums of money which can topple business relations and its reputation.

This day and age, ID theft can be committed by gaining access to information systems and duplicating, although not the original, important documents. Afterwards, they can open new credit accounts and charging older ones.

Technological advances have made it possible for hackers to break into public databases and cracking important government sites.

There are seven ways to guard yourself from these thieves though not altogether foolproof.

1. Make sure to never provide your Social Security number unless it is required;

2. Shred important documents;

3. Checks should only have your name and address;

4. Carry only necessary documents needed for the day;

5. Review credit reports regularly. Look for unauthorized accounts;

6. Never give out private data on the phone.



Antonio

David Kamau asked:


Identity theft, or simply ID theft, is the fastest growing crime in America. The reason is simple; it pays and often the criminals off with light sentences. This article offers ways to prevent identity theft.

You should also know that that there are different forms of identity theft. Some of these are as follows:

1. Full identity theft: someone steals your data and then goes on to live as you. He/she will pose or disguise his/herself as you, obtain an identification documents and then clean you out – that is bank account, credit lines etc.

2. Credit hijacking: The thief will simply use your name and good credit to open new credit lines and then go on spending sprees, of course, without paying the bills. You only realize when you either get denied credit, get a call from your bank or some other bank or creditor, or receive a bill you have no idea about.

3. Synthetic identity theft: This involves using bits and pieces of personal information from several victims to create a whole new identity. This is perhaps the most difficult form of ID theft to detect.

There are the obvious precautions anyone can take and often offered as preventive ways. These will probably stop a petty thief, but the modern ID thief is much more sophisticated.

These mundane identity theft prevention ways include advice such as “shred your documents”, “don’t carry your social security card in your wallet”, and “don’t throw documents in the trash” and the like. Good measures, but the sophisticated thief would laugh at these.

You can stop most ID thieves on their tracks by placing a fraud alert on your credit file with the three major credit bureaus. Unlike credit monitoring, which alerts you after the fact, with a fraud alert you get contacted before any new credit lines are opened.

A fraud alert is only good for three months. After three months, you have to renew it, which the bureaus are not enthusiastic to do as they make money by selling your information to third parties for marketing purposes (which they cannot do if you have a fraud alert on your file).

You should also invest in a good antivirus and spyware remover for your computer. Keystroke loggers can get downloaded into your system, without you realizing it. Keystroke loggers track everything typed into a computer and then report back to the scammer via the Internet.



Jeanne

Ron P. Butterfield asked:


There are literally thousands of methods idetnity theives enlist to stealing vital personal information from consumers and small business owners. “Phishing” scams sent via email, shoulder surfing at ATM machines, fraudulant telemarketing calls, public records acess through local government agancies, identity theft at the workplace: the list goes on and on. Suprisingly, it doesn’t always take someone who is technologically proficient to get their hands on your social security number, credit card information or home address. The chain of theivery commonly starts with a method that existed long before the internet, email, telemarketing or ATM’s: the dreaded “Junk Mail List”.

Dumpster diving identity theives and computer hackers represent only a small fraction of the faceless armies constantly working to ruin your financial identity. Contrary to popular belief, junk mail, specifically credit card offers, are typically the culprit. In fact, every credit card offer you recieve is an invitation to have your identity stolen, and your credit ruined. These “mail box maruaders” are probably the most brazen identity theives, right up there with common burglar. Stealing mail directly from your mailbox is by far the riskiest method, which leaves the potential of being identitfied from eyewitnesses. Never the less, it does in fact occur and is a federal offence.

Once your financial information has been obtained, the two of the most common methods for setting up shop with your good name are “application fraud” and “account takeover”.

“Application fraud”, or “real name fraud” usually leaves identity victims unaware of fraudulent abuse of their personal information for long periods of time. This is due to the fact that the credit card statements are mailed directly to a forwarding address set up by the imposter. Another factor that leaves victims unaware is the time lag between the fraudulent transactions themselves and when they are reported to credit bureaus, such as Transunion, Experian and Equifax. This leaves a “time gap” for ID thieves to do as much damage as possible before it is detected, even if your regularly check your credit reports. All these criminals may need to commit application fraud is a utility bill or bank statement, authentic or counterfeit, to piece together a complete application. This is a methodical and effective form of identity theft.

Conversely, “account takeover” can happen almost intantaniously. This occurs when containing key personal information allows ID theives to actually takeover the running of your existing account. They will actually pretend to be you, making transactions and purchases as they see fit. To compound this problem further, these criminals may instruct your bank or credit card company to change you home address in the account and have cards and checks sent to another address. Once again this buys valuable time for these imposters to be detected and stopped.

So far as online purchases go, many online merchants have added an extra precaution to stave off fraudulent account activity with the CCV number. This is a three digit number on the back you credit card next to the signature box. Providing this number makes the assumption that your credit card is physically in front of you. Once again, if new cards have been ordered in your name unbeknownst to you, this safe-guard is rendered ineffective. You may only find out it has occurred when purchasing groceries or fuel for your car and having you credit or debit card declined. A rude awakening indeed.

Needless to say, the most effective way to avoid this finacial nightmare is to prevent it from happening in the first place. Though ID theft is growing problem for consumers and small businesse alike, it is not an inevitable part of modern life. Hence the old saying, “an ounce of prevention is worth a a pound of cure”. And that ounce of prevention begins right at home, in your mailbox.

Over 4 million tons of paper “junk mail” are mailed in the U.S. every year, and 50% of it is never even opened. These are staggering stastistics and only grows as time goes by. Here are several tips and tricks to drastically reducing or eliminatiing bulk mail and credit card offers, thus aiding in the prevention of identity theft.

Credit Card Offers- The major credit agencies all sell credit information to the highest bidder. Direct mail and credit companies generate mailing lists based on certain demographic information including you zip code, annual income and general credit history. Stopping these types of offers are usefull in preventing identity theft for two reasons: First, it narrows down and seperates the “legitimate” offers from potentially fraudulent offers.

Second, it simply cuts down on the amount of mail you recieve, thus reducing the potential for information to be physically stolen from your mailbox.

Simply contact the three of the major cedit bureaus, Equifax, Trans Union, Experian and Innovis with your current address former address within two years, and social security number. Request to be “opted out” of these mailing lists. These requests will be granted immediately as required by law.

First Class Mail- This is a sneaky tactic used sometimes to make a credit card offer seem exclusive or more appealing. After you recieve one of the first class offers, simply cross out the address and bar code, circle the first class postage and write exactly this: refused: return to sender. Mail it in any mail box and it will be returned directly to the sender.

Bulk Mail in General- Your local post office will always dispose of bulk mail it cannot be delived, so “returning to sender” does absolutely no good. The USPS actively provides for bulk mailers to accumulate their mailing lists. As hard as it is to belive, they actually encourage it. Simply write “address correction requested” circle it, and drop it in any the mail box.

If Bulk Mailing persists, simply send a letter or postcard to the Mail Preference Service,

There address is: Direct Marketing Association, PO Box 643, Carmel, NY 15012-0643

Be sure to include your full name, current address, zip code and request to “activate the preference service”. This will stop mail from all of it’s member ogrganizations for up to five years.

A Secure Mail Box- Obvouisly, this is probably the simplest method protect mail from being stolen out of your mail box. Don’t be afraid to buy a lock for your mail box. Get to know your neighborhood delivery schedule and your mail carrier.

Your home is the front line in the ongoing battle against identity theft, pure and simple.



Rosemary

Ronald Hudkins asked:


Okay so you’re feeling smug and savvy because you know all about Fraud Alerts. Despite the fact you accomplished it for free and only had to actually contact one of the major credit reporting agencies you want everyone to know who to call. You tell them the following places need to be called to put a Fraud Alert on your credit report; Equifax at number 1-800-525-6285, Experian at their number 1-888-397-3742 and the final place, TransUnion at number 1-800-680-7289. You further explain that these initial 90 day fraud alerts entitle them to free copies of their credit reports. All your friends should be sure to check those credit reports for debts on their accounts that are unexplainable, company inquiries from businesses they haven’t actually contacted and/or accounts they haven’t actually opened. That’s good proactive initiative.

Did you happen to mention that fraud alerts aren’t actually the solution to every possible means of identity theft? Did you know that a Fraud Alert does nothing to detour an identity thief from opening new credit accounts in someone else’s name that don’t require a credit check? You know, things like a wireless telephone account, wall mounted phone or even a bank account! Are you beginning to realize that too little information can be dangerous? Additionally, an ID Thief can still use someone’s existing credit cards or other accounts. Not only that, if there is an identity crime already happening when a fraud alert is placed, this alert alone does nothing to stop the crime. You can however take solace in the fact that you were partially correct as fraud alerts are in fact useful in thwarting the thief in opening a new line of credit.

The initial fraud alert stays on a credit report for only 90 days and if someone remembers, they have to renew this alert every three months. It is good to place this type of alert on one’s credit if they suspect they are (or are about to be) a victim of identity theft. These alerts are a good course of action should one say, realize they are a victim of a “Phishing” scam or their wallet or purse has been stolen. This is basically an alert to creditors while considering someone for credit for the business to enforce reasonably policies that implement procedures that require identity verification prior to issuing credit in a person’s name. Businesses may make an effort to verify however, their reports aren’t always a guarantee that applicant sitting before them is who they say they are.

A person has the option as well to place an extended fraud alert of their credit report that actually remains in place for a period of seven years. This can be done if you are a victim of identity theft. You must however supply the consumer reporting agency an identity theft report. The report procedure is the subject of another article as it is a lengthy process. Anyway, this extended alert requires potential or pending creditors to actually contact you or, meet with you face-to-face before they actually approve the credit request. Yes, this can cause delays when you are trying to get credit but to enhance the processing requirements one can simply provide a current and viable cell phone number to be reached at easily in their efforts to have their identity verified.

When a person undertakes the initiation of an extended fraud alert, they are entitled to two free credit reports annually from each of the three national consumer credit reporting agencies. These companies will at the same time remove a person’s name from pre-screened credit offers that marketing lists maintain. The credit reporting agencies will make sure a name stays off marketing lists for a period not less than five years unless, a person specifically requests to be put back onto marketing offer listings.

I’d just like to say initial or extended fraud alerts are great measures in anyone’s effort to wage war against the identity thief but, are just the tip of an iceberg when it comes to efforts needed to combat this ever increasing crime. Don’t get over confident with too little information. Consider looking into the professional services of a credit watch service. A credit watch service has the whole picture of what it takes to catch a thief and protect your good name and/or credit. Some are better than others so do what the Federal Trade Commission recommends on all contracts for a service or product: read the small print. If you’d like to enlist a highly proficient credit watch service used and trusted by the author check out his resource bio following this article. This service offers more then all others and stands behind their professionalism with a million dollar per individual guarantee.



Tonya