IDENTITY THEFT & TAXES

Identity Theft & Taxes What happens when an identity thief uses your personal information to file a tax return? The short answer is a catastrophe!  When an identity thief files a fraudulent tax return, the victim may not receive a tax refund check, or, the victim may end up owing the IRS taxes when no … Continue reading IDENTITY THEFT & TAXES

HOW MUCH MONEY DOES EQUIFAX’S CEO MAKE?

How much money does the Equifax chief executive officer make a year? According to Forbes, Equifax's Chairman and Chief Executive, Richard Smith, made over $11 million in 2011.  Equifax compensated Smith as follows in 2011: $1,450,000  Salary $2,940,530  Stock Awards $1,891,062  Option awards $2,310,627  Non-equity incentive plan $2,323,000  Change in pension value & nonqualified deferred … Continue reading HOW MUCH MONEY DOES EQUIFAX’S CEO MAKE?

ID THEFT STORIES IN THE NEWS

Over 10 million consumers a year become victims of identity theft. Fraud victims are denied credit, employment and housing due to credit report errors.  .  If fraud victims are approved for credit, then they have to pay higher interest rates!   Identity theft victims also get turned down for jobs because of arrests, convictions or other … Continue reading ID THEFT STORIES IN THE NEWS