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Lee Epstein
03-09-2009, 09:13 AM
I recently posted this in the members only section. Subsequently I have been asked to post it in the public section. So here it is:

Read this and make a copy for your files in case you need to refer to it someday. A corporate attorney sent the following out to the employees in his company:



1. Do NOT sign the back of your credit cards. Instead,

write "PHOTO ID REQUIRED."



2. When you are writing checks to pay on your credit card

accounts, DO NOT put the complete account number on

the 'For' line. Instead, just put the last four

numbers. The credit card company knows the rest of the

number, and anyone who might be handling your check as it

passes through all the check processing channels won't

have access to it.



3. Put your work phone # on your checks instead of your

home phone. If you have a PO Box use that instead of your

home address. If you do not have a PO Box, use your work

address. NEVER have your SS# printed on your checks.

(DUH!) You can add it if it is necessary. But if you have it printed,

anyone can get it.



4. Place the contents of your wallet on a photocopy

machine. Do both sides of each license, credit card, etc.

You will know what you had in your wallet and all of the

account numbers and phone numbers to call and cancel. Keep

the photocopy in a safe place.

I also carry a photocopy of my passport when I travel

either here or abroad. We've all heard horror stories

about fraud that's committed on us in stealing a Name,

address, Social Security number, credit cards.



Unfortunately, I, an attorney, have first hand knowledge

because my wallet was stolen last month. Within a week, the

thieves ordered an expensive monthly cell phone package,

applied for a VISA credit card, had a credit line approved

to buy a Gateway computer, received a PIN number from DMV to

change my driving record information online, and more.

But here's some critical information to limit the

damage in case this happens to you or someone you know:



5. We have been told we should cancel our credit

cards immediately. But the key is having the toll free

numbers and your card numbers handy so you know whom to

call. Keep those where you can find them.



6. File a police report immediately in the

jurisdiction where your credit cards, etc., were stolen.

This proves to credit providers you were diligent, and this

is a first step toward an investigation (if there ever is

one).



But here's what is perhaps most important of all: (I

never even thought to do this.)

7. Call the 3 national credit reporting

organizations immediately to place a fraud alert on your

name and also call the Social Security fraud line number. I

had never heard of doing that until advised by a bank that

called to tell me an application for credit was made over

the internet in my name.



The alert means any company that checks your credit knows

your information was stolen, and they have to contact you by

phone to authorize new credit.



By the time I was advised to do this, almost two weeks

after the theft, all the damage had been done. There are

records of all the credit checks initiated by the

thieves' purchases, none of which I knew about before

placing the alert. Since then, no additional damage has been

done, and the thieves threw my wallet away this weekend

(someone turned it in). It seems to have stopped them dead

in their tracks..



Now, here are the numbers you always need to contact about

your wallet, if it has been stolen:



1.) Equifax: 1-800-525-6285

2.) Experian (formerly TRW): 1-888-397-3742

3.) Trans Union : 1-800-680 7289

4.) Social Security Administration (fraud line):

1-800-269-0271



We pass along jokes on the Internet; we pass along just

about everything.



If you are willing to pass this information along, it could

really help someone that you care about.

HangingInThere
03-09-2009, 06:19 PM
As far as not signing your credit/debit cards, there are some companies who will not honor them unsigned...e.g., the Post Office.

A few years ago after this was pointed out to me, I cancelled my cards and ordered new ones. My first stop was the Post Office who would not honor it without a signature. Under duress, I signed the thing, but then on top of my signature I wrote "check photo ID."

They did not look to compare my signature with the receipt I signed, which I would attest is the way most establishments operate. Half the time you're trying to sign an electronic pad suspended in the air with no place to rest your arm...and the signature is supposed to...what look like the one on my card?? :banghead:

Thanks for the heads-up Lee!! Some tips well worth following...before one would wish they would have...;)

Lee Epstein
03-13-2009, 07:36 PM
Just another quickie piece of advice. When I order anything on the internet, I use a dedicated credit card. I only carry a $500 credit limit on this card. I have been told I wouldn't be held responsible for it but it makes things easier anyway.

HangingInThere
03-13-2009, 09:42 PM
That's also an excellent idea Lee. Many e-tailers retain your credit card information on their servers. Criminals are already targeting this venue, and as we continue on the trend to a cashless society, I submit that the criminal interest will only intensify.

Lillian
03-14-2009, 01:11 PM
I started accepting Pay Pal as payment from my clients. They charge 3%. I add this to the bill with the clients knowledge of course. My bank had me set up a seperate account for only on line transactions. When I need to pay for the paper for a client, I transfer the money from my business account into the in use account for the needed transaction. My atty set this up for me.
Dave Ramsey has a great Id theft program. Sabrina in Montgomery, Alabama turned me onto them. She helped me on a Cruise Ship job and thought we better protect ourselves. The contractor was asking for a lot of personal information..
http://www.zanderins.com/idtheft/idtheft.aspx

140.00 for a family and 72.00 for individual plans. It is worth every penny.
They also have some great insurance plans as well.
Be Well
Lillian