Identity Theft Solutions - Strategies I Implemented After Being a Victim

I used to live in a small apartment building in a suburb offix.
Los Angeles. I was newly married and my wife and IAs you can see from my own personal story that
had just combined our separate checking accountsoccurred many years ago that some forms of identity
into one. One day I was at home checking our accounttheft are relatively easy crimes to commit and are
balances preparing to write out monthly bills. (Thiseasy to get away with. In my case, I gave the
particular incident occurred prior to the existence ofperpetrator(s) the opportunity to victimize me by being
online banking.) When I called the bank to verify ourvery careless with my personal information.
account balance, I noticed that our bank accountOur Identity-Theft Solutions
balance had increased unexpectedly by four hundredI am a believer in Shred, Shred, Shred. Items that I
dollars. At the time, I didn't think much of the fourroutinely shred are bank statements, mail with our
hundred dollar increase because my initial thought wasnames on it, junk mail, monthly bills, (after I pay them of
that my wife had deposited a check and just didn'tcourse) expired credit cards, pay stubs and anything
mention it to me, no big deal. However, over the nextelse I don't want in the hands of some identity theft
three days my checking account balance increased byopportunist.
$400-$500.00 each day unbeknownst to me or myBefore I shred information that I deem important or I
wife. Back then, it wasn't as convenient to get yourwould like to keep a record of, I will scan it into my
balances as it is today. For three days we had no cluedesktop computer and convert them into PDF files for
that our account balance continued to grow. Inlater viewing and record keeping. This is an easy way
retrospect, I didn't recognize the first clue thatto keep records of certain information without retaining
something was wrong when I failed to follow up withendless amounts of paper that has your personal
my wife when I noticed the first deposit.information on it. Prior to implementing this solution, I
After the fourth day, I began receiving "returned checkwould suggest that you make sure your firewall and
letters" from my bank stating that checks depositedanti-virus software are up to date and in good working
into our account had been written against closedorder. You should also place a password on your
accounts and thus had "bounced." At that point I knewcomputer to protect it from prying eyes.
I had a problem with our account and I wasWe have a lockable mailbox to prevent easy access
devastated and scared when I realized that I was ato our mail. I am amazed how many people do not
victim of identity theft. I immediately called the bank tohave locks on their mailboxes. If your mail is stolen that
find out the extent of the damage done to ouris a federal crime. You should contact the Postal
account. The bank representative told me that I wouldInspector or visit the U.S. Postal Inspection Service
need to come to the bank in person to straightenwebsite;
things out because they too (the bank) had observedWe notify the post office if we are going out of town
the suspicious transactions occurring on our account.for more than a few days and request a vacation
The drive to the bank was a short ride but it seemedhold. (U.S. Postal Service (800) 275-8777) We do not
like forever because I had a sinking feeling the bankdeposit our outgoing mail in our mailbox on the street.
was going to tell me that our account was cleanedWe take it to the postal collection box located nearby
out. Once I arrived at the bank and sat down with oneor the post office itself.
of the branch managers, I was relieved to find out thatWe have a credit monitoring subscription that monitors
the thieves were only able to steal five hundred dollars.our credit reports for any changes to our credit profile.
Although the amount of money stolen from us wasI physically inspect our credit reports via the online
small, the incident was very unsettling to me and myservice once every two months. (You can look at
new wife. To know that my identity was compromisedyour personal credit report as often as you like through
by someone impersonating me and endorsing mythe monitoring service.)
name on checks that were drawn on closed accountsWe do not carry our Social Security cards around with
made me very angry.us. There is no reason to carry your Social Security
The time it took us to close our accounts, check withcard in your wallet on a daily basis. Commit those
the credit bureaus, open new accounts, obtain newnumbers to memory. If you need to show the actual
checks was extremely time consuming. My angercard or even give out the number for some reason, be
soon turned to frustration when I saw first hand howcareful to inquire about what it is going to be used for
cavalier the bank was about this crime or what it'sand if it's absolutely required. If possible don't provide
effects could or would have on my credit profile. Ityour Social Security number to medical offices or
seemed as though they just didn't care. In the bighospitals. In many cases a drivers license number is
scheme of things in the banks opinion, this was a minoracceptable. Medical fraud and identify theft through
breach of one customer's bank account. No big deal. Ayour medical file is huge because almost everyone in
five hundred dollar loss isn't even petty cash for athe medical office has access to your chart.
bank. But it wasn't about the money per se becauseWe do not give out any of our personal information in
our account was ultimately restored to the originalresponse to email, snail mail or telemarketer inquiries
amount prior to the breach. However, my identity hadunless we initiated the contact. We are very careful to
not been restored and the perpetrator was out therenot respond to email posts that are phishing for our
free to continue to victimize others.information. Some of these sites are very good at
Here's how they did itmimicking legitimate websites. However, legitimate
Back then I wasn't as careful as I am today with mycompanies and your bank do not ask you to update
banking records i.e. statements, cancelled checks andyour personal information via email. Please, don't fall for
deposit slips. I somehow inadvertently threw somethese scams.
checks, deposit slips or both in the trash bin that wasKeep all of your important personal documents; social
located in a heavily traveled alley behind our apartmentsecurity cards, birth certificates, passports, insurance
building. At that time, there wasn't a lock on the trashpolicies, IRS and State tax documents, credit cards
bin and anyone walking or driving by could sift throughthat you don't carry in your wallet and your marriage
the trash without raising suspicion. As it turned out, thelicense locked in a heavy safe that is bolted to the
perpetrator(s) had accurate information that I hadfloor in your home. Identify thieves are also burglars
given to them (by not being careful) to carry out thewho will target a home specifically to steal private
identity theft.documents in order to assume identities.
The perpetrator(s) would obtain another person's bankThis was my experience with identity theft and some
account checks by fraud or theft. They would then goof the identity theft solutions that my wife and I
to the bank as if they were me, walk up to the tellerimplemented after I became a victim. The more we
window and using one of my deposit slips, deposit astay aware of the different scams out there the
check payable to me using the stolen checks. Typicallybetter we can avoid becoming a victim.
that amount would be between $400.00-$500.00. TheyI encourage you to tell your identity theft stories and
would end the transaction by asking for $100.00 back. Iyour identity theft solutions so we all can learn from
was told that the bank did not require identification forthem. We all need to be aware of the scams, tricks
such a small amount of cash back when depositing aand fraud out there so that we do not find out, after
check.the damage is catastrophic, that someone is walking
The perpetrator simply walked out of the bank, nicearound pretending to be you and putting you deeply in
and easy with $100.00 in his pocket. This occurred fivedebt. Educate a friend or family member about identity
times in a four day period which amounted to atheft so that they do not become victims either.
$500.00 loss to my account and a whole lot of time to