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March 11, 2011

By Eduard Goodman

Fly-by-night and unscrupulous identity theft service providers are to be expected in an industry with a lot of growth potential and countless victims. But they’ve always bothered me.

Tha's why I was more than happy to participate in the working group that drafted the Consumer Federation of America’s Best Practices for Identity Theft Services. Setting basic standards...

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March 11, 2011

Our March newsletter highlights the threat of tax-related identity theft, and i's a timely examination since the federal government says i's now the most frequently reported kind of identity theft .

Tax-related identity theft usually takes one of three forms:

• Armed with a name and SSN, a thief submits stolen...

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March 10, 2011
The CFA’s Best Practices for Identity Theft Services

When the Consumer Federation of America took a hard look at identity theft service providers two years ago, the picture wasn’t pretty. It reviewed the websites for 16 leading providers and found the language describing their offerings confusing and unclear, at best.

The worst offenders appeared downright misleading, pitching services that weren’t really what they claimed to be. A bait-and-switch...

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March 10, 2011

As lawmakers in Washington and the White House haggle over how to shave billions in spending from the budget for the current fiscal year, we have the opportunity to seize on an obvious reform that could save taxpayers a lot of money: getting deadline serious about reducing fraud and bolstering the identity theft defenses of large government agencies and programs like the IRS and Medicare.

As we now know from the latest Federal Trade Commission...

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March 8, 2011

Dig deep into the Federal Trade Commission’s new 100-page annual report on consumer complaints, and you’ll find some clues about how identity thieves are fleecing victims of their hard-earned cash.

The 2010 Consumer Sentinel Network Data Book outlines 250,854 reports of identity theft. The most common type of...

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By Admin
March 1, 2011

By Brian McGinley

I want to continue our discussion on the 28 percent reduction in identity fraud as detailed in the recently released identity fraud report by Javelin Strategy & Research. The old saying of “Dig your well before you’re thirsty” is good advice at this point in time for consumers and businesses. If we, in fact, have a brief...

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