Monday, September 2, 2013

Common Fraud Schemes (Pt 3)

Identity Theft

Your personal information (identity) is used to perform a criminal activity or fraud.  The number and types of frauds based on simple identity theft are innumerable.  The best bet it to zealously protect your information.  
  • Always shred ATM receipts, credit card statements and bank statements.
  • Don’t give out your credit information over the phone unless you made the phone call and are certain who you are speaking with.
  • Check your bank and credit card statements regularly.
  • Notify your bank if you find discrepancies in any of your monthly statements.
  • Check your credit report at least yearly to identify any suspicious activity.
This is the third in a series of blogs about types of fraud which are frequently seen in today’s world.  In our next posting, we will discuss Advance Fee Schemes.  Always stay alert and if you are unsure about something you’ve been offered, we’d be happy to help you determine if the opportunity being presented to you is in fact legitimate.  It’s far better to be safe than sorry!  916-576-7050.

1 comment:

  1. Wanna know what's even better than shredding your credit card/bank statements? Just getting them electronically. No paper trail that way ;)