JACKSONVILLE, FLORIDA WOMAN ARRESTED AFTER BEING A VICTIM OF ID THEFT

A Jacksonville, Florida victim of identity theft spent the night in jail after she was mistakenly arrested for shoplifting from Wal-Mart.  The charges against Terria Myrick were dropped after law enforcement reviewed the store’s videotape.  Despite the videotape evidence, three Wal-Mart employees identified Myrick as the culprit.  As a result, a judge signed an arrest … Continue reading JACKSONVILLE, FLORIDA WOMAN ARRESTED AFTER BEING A VICTIM OF ID THEFT

LOOKING FOR A JOB? BETTER LOOK AT YOUR CREDIT REPORT FIRST!

Are you looking for a job?  When is the last time you requested your free credit report?  Why you ask?  More employers are looking at applicants’ credit reports when making hiring decisions.  Recently, the number of delinquencies being reported to Equifax, Experian and Trans Union has increased.  No doubt, the number of derogatory accounts (i.e., … Continue reading LOOKING FOR A JOB? BETTER LOOK AT YOUR CREDIT REPORT FIRST!

TOP IDENTITY THEFT STORIES IN THE NEWS: WEEKLY UPDATE

  Identity theft among family members affects millions Reuters “The realities of familial identity theft are far worse than anything you see in a soap opera. It is the ultimate in family betrayal.” Identity theft expert Linda Foley, who runs the consultancy ID Theft Info Source says the sad truth is family members ...   … Continue reading TOP IDENTITY THEFT STORIES IN THE NEWS: WEEKLY UPDATE

POLICE MAKE ARREST IN MULTI-STATE ID THEFT RING

Police have extradited a Texas woman on identity theft charges.  The alleged identity thief, Tamara Turner, 31 of Houston, Texas has been charged with 18 counts of identity theft for stealing another woman's identity and used a fake ID to open fraudulent accounts all over the US.  One of the victims, a Connecticut resident, claims … Continue reading POLICE MAKE ARREST IN MULTI-STATE ID THEFT RING

LAW AIMS TO PROTECT FOSTER CHILDREN FROM ID THEFT

A congressman from Rhode Island wants state governments to do more to protect children in foster care from identity theft. U.S. Rep. Jim Langevin is pushing legislation in Congress that would require states to run credit checks on foster children and help those who are the victims of identity theft. His bill also would prohibit … Continue reading LAW AIMS TO PROTECT FOSTER CHILDREN FROM ID THEFT

SENIORS MOST VULNERABLE INVESTORS

According to the North American Securities Administrator's Association (NASAA), seniors are the most vulnerable investors.  Seniors are a viable target for financial predators.  Why?  According to Money magazine, the average household led by those 75 and over has a net worth of $638,000. Secondly, seniors' ability to understand complex financial transactions lessens with age.  Thirdly, … Continue reading SENIORS MOST VULNERABLE INVESTORS

FREE CREDIT REPORT AFTER BEING DENIED CREDIT, EMPLOYMENT OR INSURANCE

You may request a free report after you receive a denial of credit, employment or insurance.  The free credit report should be requested from the credit reporting agency (Equifax, Experian or Trans Union) that the user (potential creditor, employer or insurer) reviewed when making its decision.  You can identify the credit bureau from the adverse action notice sent to you by the … Continue reading FREE CREDIT REPORT AFTER BEING DENIED CREDIT, EMPLOYMENT OR INSURANCE

FIFA INVESTIGATES PASSPORT ID THEFT LINKED TO 2006 WORLD CUP TICKET SALES

FIFA is investigating one of its own in association with ID theft linked with 2006 World Cup tickets.  The ticket purchasers provided passport and other personal information.  According to the Information Commissioner's Office, as many as 250,000 fans may be affected by the data loss, including the Prime Minister of Sweden. Claims that World Cup … Continue reading FIFA INVESTIGATES PASSPORT ID THEFT LINKED TO 2006 WORLD CUP TICKET SALES

CREDIT REPAIR COMPANY SETTLES FALSE CLAIMS ALLEGATIONS WITH FTC

A credit repair operation, Clean Credit Report Services, Inc., has agreed to stop making false claims and stop charging consumers up-front fees pursuant to the terms of a settlement with the Federal Trade Commission. The settlement is part of an ongoing crackdown on scams that target financially strapped consumers.  Clean Credit Report Services allegedly took hundreds of … Continue reading CREDIT REPAIR COMPANY SETTLES FALSE CLAIMS ALLEGATIONS WITH FTC

New Gift Card Rules May Be a Good First Step For Consumers

Some provisions of the landmark CARD Act that went into effect on Sunday give consumers new protections when it comes to gift cards, helping them keep more of their hard-earned dollars in their pockets. The new regulations are a boon to consumers, says Ira Rheingold, executive director of the National Association of Consumer Advocates. "The … Continue reading New Gift Card Rules May Be a Good First Step For Consumers