Fraud

ID Theft and Consumer Reports

According to the Federal Trade Commission (FTC), if you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a 2017 data breach at Equifax, one of the nation’s three major credit reporting agencies. In January, the FTC released Updated information…

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Capital One Data Breach

Wall Street Journal July 29, 2019 Capital One Financial Corp. , the fifth-largest U.S. credit-card issuer, said Monday that a hacker accessed the personal information of approximately 106 million card customers and applicants, one of the largest-ever data breaches of a large bank. <https://www.wsj.com/articles/capital-one-reports-data-breach-11564443355> Fox News July 29, 2019  Authorities claim a Seattle software engineer…

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Equifax Data Breach

According to the Federal Trade Commission (FTC), if you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies. Information included people’s names, Social Security numbers, birth…

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Credit Card Agreements

If you have a credit card you probably don’t remember its terms and conditions; unfortunately, most people sign on without having read them in the first place. In truth, they aren’t meant to be understood.  If you scan through the CreditCards.com study results from 2011 and 2016, you’ll get a better feel for what I…

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ID Theft

In  2002 Walter Kevin Scott worked as benefits manager for the Indiana Public Employees’ Retirement Fund (PERF).  Mr. Scott had used a false Social Security number in the hiring process, and the State of Indiana had hired him unaware that he had served time in a federal penitentiary –  for identity theft! During his trial it was disclosed that from…

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