IDENTITY THEFTCONSUMER FRAUD

August 19 & 22, 2010

Objectives

Identify adequate, reliable information resources for personal and family problem solving.

Explore ways to prevent identity theft. Examine how media and technological

advances impact family and consumer decisions.

Identity Theft

Identity theft is when someone uses your personal information (name, social security number, credit card information) without your consent to commit fraud and/or other crimes. This information can be in paper or electronic formats. Page 26

How do Identity Thieves Get Your Personal Information? From businesses and other institutions

Stealing and hacking records while on the jobConning or bribing employees who have access to

records and employee information Stealing mail from your mailbox “Dumpster Diving” - rummaging through your

trash or public trash dumps Phishing – posing as a legitimate company Skimming – capture information using a data

device attached to an ATM or credit card machine Shoulder Surfing

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What can Identity Thieves do with the

information?

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Identity Theft

How do I Prevent Identity Theft? What do I do if my Identity is Stolen?

Identity Theft Faceoff

Fraud

Deceitful conduct designed to manipulate another person for some gain.Form of lyingRepeating something that ought to have

been known to be false.Concealing a fact that might have saved the

other party from being cheated

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Fraud Tips

If something sounds to good to be true it probably is

Never pay for something you have won Avoid contests or sweepstakes that

require a payment or purchase to enter Don’t let anyone rush you into making a

decision Get estimates and promises in writing