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
    • Tax Identity Theft Awareness Week January 29-February 2

      It is tax time. The tax scammers are gearing-up. Learn how to protect yourself during Tax Identity Theft Awareness Week January 29-February 2, 2018. Tax identity theft occurs when a person uses someone else’s Social Security number to either file a tax return and claim the victim’s refund, or to earn wages that are reported as the victim’s income, leaving the victim with the tax bill.

      Prince Law Offices, P.C.- 11 readers -
  • 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

    … disputes over the monitoring out of court. It also includes a waiver of the right to enter into a class-action lawsuit. This shields TrustedID Premier from legal exposure, instead relying on a process that’s very favorable to corporate interests. At first the arbitration clause was a non-negotiable feature of the contract. Now Equifax says you can…

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

    … By: Robert J. Nahoum Attorney General Eric T. Schneiderman said, “The Equifax breach potentially exposed sensitive personal information for over eight million New Yorkers. Equifax, one of the nation’s top credit reporting agencies, recently reported that the private data of roughly 143 million Americans had been compromised due a security hack…

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

    … Identity theft can happen to anyone. Last week the Federal Trade Commission (FTC) published an article based on a true story from one if its fraud investigators who had her phone stolen. She provided tips you can take to protect your digital identity: Smart Phone: Lock your phone. Use at least a 6-digit passcode on your device, or use…

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

    … The Changing Landscape of Immigration Enforcement As a Miami immigration lawyer, I read with alarm the remarks made by Attorney General Jeff Sessions, who just concluded a tour of the U.S.-Mexico border, didn’t mince words Tuesday when addressing border patrol agents in Nogales, Arizona. Below are some frequently asked questions. What did…

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

    … an individual’s name, birth date, fingerprints, bank account number, electronic identification number, social security number or any identifying information issued by the government. Unauthorized Acquisition or Transfer of Financial Information Under Annotated Section 31.17 of the Texas Penal Code, the crime of unauthorized access or transfer of financial…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 21 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- 17 readers -
  • Lincoln Financial Unit Fined for Cybersecurity Breach

    … A Lincoln Financial Group subsidiary was fined $650,000 by the Financial Industry Regulatory Authority (FINRA) for a 2012 cybersecurity breach that allowed hackers to penetrate a cloud based server and access 5,400 customer files. In addition to the fine, the financial services company also agreed to implement tougher security measures. Lincoln…

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

    … government funds or programs. Since most residential home loans are backed by Fannie Mae, Freddie Mac, the VA or the FHA, bankers working with mortgage underwriting or servicing may qualify. FIRREA and Whistleblower Awards FIRREA is short for the Financial Institutions Reform Recovery and Enforcement Act. Along with its companion FIAFEA (Financial…

    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 -
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