Identity Theft

Identity Theft (ID Theft) is one of the fastest growing crimes in the United States and usually occurs when someone uses your name or personal information to open new accounts, initiate transactions in your name, or commit other forms of financial fraud. Identity Theft involves the invasion of privacy and personal information and poses a risk to your credit rating and reputation, and it can be time-consuming to resolve problems caused by incidents of fraud.

• Group Identity Theft: a thief gains access to a repository of personal information for businesses or organizations such as a retail store, fitness center, car dealer, school, hospital, or websites.

• “Dumpster Diving”: a thief scours through your trash to find unshredded information, such as credit card offers, bank statements, bills, or personal correspondence.

• Stealing Your Wallet or Purse: a thief may gain access to personal information available on a driver’s license, social security card, or credit card. A wallet may contain a wealth of information more valuable to Identity thieves than the limited cash inside.

• Intercepting Mail: a thief may complete a “change of address” and redirect personal correspondence to another location.

• Directly from You: a thief may pose as a legitimate representative of your financial institution, your employer, a government agency, a business or your landlord, people who may have valid reason to request such information. They may even use fake e-Mail and websites to try to obtain information from you.

An Identity thief may be someone you know and have entrusted with personal information, such as a roommate, landlord, or coworker.

If you believe that you have been a victim of Identity Theft, please contact the Credit Union immediately.

For free training and education on preventing Identity Theft, the Digital Defense Training Center has information about protecting your personal information from Identity Theft, Online Fraud, and other computer-related scams.

For further information about protecting yourself from Identity Theft or if you have been a victim of Identity Theft, please visit these informative sites:

• Federal Trade Commission Identity Theft Site
• Social Security Administration Fraud Hotline
• U. S. Postal Inspection Service
• Better Business Bureau