Identity Theft

Identity theft is a form of stealing someone's identity in which someone pretends to be someone else by assuming that person's identity, usually as a method to gain access to resources or obtain credit and other benefits in that person's name. The victim of identity theft (here meaning the person whose identity has been assumed by the identity thief) can suffer adverse consequences if they are held responsible for the perpetrator's actions. Identity theft occurs when someone uses another's personally identifying information, like their name, identifying number, or credit card number, without their permission, to commit fraud or other crimes.
Posts about Identity Theft
    • The Dark Web: What you and your business need to know

      During a recent meeting at Prince Law Offices, P.C., we were discussing ransomware and the dark web. The Federal Trade Commission (FTC) recently posted a helpful description of the dark web and how it may impact you and your business. You probably have heard about the “dark web” and wondered how it affects businesses – including small businesses.

      Prince Law Offices, P.C.- 13 readers -
  • Equifax proves case against forced arbitration

    … By David Dayen, The Intercept – EQUIFAX, THE CREDIT REPORTING BUREAU that on Thursday admitted one of the largest data breaches in history, affecting 143 million U.S. consumers, is maneuvering to prevent victims from banding together to sue the company, according to consumer protection advocates and elected officials. Equifax is offering all…

    Lamberton Law Firm, LLC- 15 readers -
  • The Equifax Data Breach

    …. It was also revealed that Equifax did not make the hack publicly known until a month and half after Equifax became aware and after Equifax management sold millions of dollars of company stock. The security breach has made nearly half of all Americans extremely vulnerable to fraud, identity theft and other crimes in perpetuity. The exposed data…

    The Law Offices of Robert J Nahoum- 16 readers -
  • Someone Stole your Phone?

    … could mean that someone who gets your phone could get access to your accounts and personal information. So: if you lose your phone, change your email, social media, online banking, shopping, and other passwords right away. For more tips on what to do to protect yourself from identity thieves, check out ftc.gov/idtheft. Need further help? If you or your business have questions or concerns regarding fraud, computer law, privacy, or cybersecurity law matters, contact attorney Jeffrey A. Franklin at Prince Law Offices. …

    Prince Law Offices, P.C.- 13 readers -
  • The Changing Landscape of Immigration Enforcement

    … to this, you may want to speak with a Miami immigration lawyer. I am an undocumented immigrant. What advice do you have for me? First, I would point out that every individual’s case is different. Each case may have a different avenue of relief. Regardless, I would highly recommend that you consult with a Miami immigration lawyer immediately if you…

    Michael G. Murray/ Miami Immigration Lawyer- 8 readers -
  • Identity Theft in Texas: Laws and Consequences

    … Demystifying Identity Theft in Texas Identity theft has increased rapidly because the popularity of online transactions makes it easy to steal a person’s identity. According to records from the Bureau of Justice Statistics, in 2014, 7 percent of Americans aged above 16 years were victims of identity theft. In 2009, reports by the Federal Trade…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 19 readers -
  • What Happens When Someone Drops Charges Against You?

    …, trafficking in persons, leaving the scene of an accident with fatality 10 years: crime against elderly or disabled, arson, compelling prostitution 7 years: most financial crimes and identity theft 2 years: misdemeanors Is It Possible to Sue Someone Who Made a False Accusation Against Me? Judges and prosecuting attorneys, as well as their staffs and police…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 24 readers -
  • Pharmacist Guilty in Scheme Involving Counterfeit Drugs

    … Walter Beich, a 63-year-old pharmacist from Illinois, pled guilty to a Medicaid and Medicare fraud scheme involving filling prescriptions with counterfeit drugs. According to court records, Beich pled guilty to healthcare fraud and aggravated identity theft. He was facing trial on twelve charges before changing his plea. Beich’s Medicare Fraud…

    Due Diligence- 16 readers -
  • Lincoln Financial Unit Fined for Cybersecurity Breach

    …. The important takeaway here is that banks and other financial institutions can’t escape liability by simply outsourcing their data systems to third parties. The bank itself remains responsible in the event of a breach. Lincoln Financial argued that in response to the earlier breach, it implemented a Data Security Policy that included, among other things…

    Due Diligence- 26 readers -
  • “My Family Thinks I’m a Fraud for Working at Wells” – FIRREA Post

    … million accounts without their customer’s consent. We call that identity theft. If you or I did that we would have a criminal record. Wells Fargo had to do it approximately 2 million times before our elected representatives got pissed. And pissed they did… the bank paid $185 million in fines and long time CEO John Stumph was canned. Actually…

    Due Diligence- 13 readers -
  • Kansas Federal Reserve Chief Focused on Cybersecurity

    …), the Federal Reserve and the Office of the Comptroller of the Currency (OCC). Despite the lack of industry information sharing and cybersecurity best practices, banks are still required to use reasonable efforts to protect customer information from hacking and identity theft and to promptly report hacking attacks on their information systems. Our…

    Due Diligence- 26 readers -
  • WANTED: Wells Fargo & Bank Whistleblowers

    … and more will feel empowered and ready to blow the whistle. For years we have been saying that companies need to start listening to employees. Denying bathroom breaks to a bank employee who alerted management about identity theft and accounts being opened without he customer’s permission? Those actions are what turn conscientious employees…

    Due Diligence- 40 readers -
  • What Are White-Collar Crimes?

    … Explaining White-Collar Crimes in Texas White-collar crimes are illegal actions which typically involve the misuse or misappropriation of finances. They are distinguished from other types of crimes because they do not often involve violence or threats of violence. While many low-level crimes, such as robbery and theft, involve physically taking…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 27 readers -
  • DOJ, Banking Whistleblower Awards for Cybersecurity

    … of Bangladesh?? The New York Federal Reserve Bank was the point of entry for the wire transfer requests that resulted in the huge losses. The Office of the Comptroller of the Currency, (OCC), Federal Reserve Board, and FDIC have all been busy working on cybersecurity initiatives, Regulators want to protect depositor’s funds and maintain faith…

    Due Diligence- 15 readers -
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