Identity Theft By: Tory Childs, Lucas Doyle, Kaitlyn Davidson, Trevor Godwin and Chad Sponseller

What is Identity Theft ● The illegal use of someone else's personal identifying information in order to get financial gains

Signs of Identity Theft ● Errors in bank or credit statement ● Account is flagged for irregular activity ● Unexpected or missing mail ● Inaccurate credit reports

How to Prevent Identity Theft ●Don't carry your Social Security card ●Pay attention to your billing cycles ●Store personal information in a safe place at home and at work ●Check your credit report ●Tear up or shred unwanted receipts, credit offers, account statements, expired cards, etc., to prevent dumpster divers getting your personal information

Types of Identity Theft ● Financial ● Insurance ● Medical ● Criminal ● Driver’s license ● Synthetic ● Child

Financial ● Damaged credit ● Credit and debit card fraud ● Checking and savings account fraud ● Investment account fraud ● Mortgage and other loan fraud ● Tax fraud

Insurance ● Any insurance policy that pays benefits for costs, including travel costs, notary fees, and postage costs, lost wages, and legal fees and expenses associated with efforts to correct the effects and results of identity theft of the insured individual.

Medical ● Medical identity theft occurs when someone steals your personal information (like your name, Social Security number, or Medicare number) to obtain medical care, buy drugs, or submit fake billings to Medicare in your name.

Criminal ● When an imposter gives another person’s name and personal information such as a driver’s license, date of birth, or social security number to a law enforcement officer during an investigation or upon arrest.

Driver’s License ● Letting companies and others record your driver’s license data can put you at risk for identity theft.

Synthetic ● Occurs when thieves create new identities either by combining real and fake identifying information to establish new accounts with fictional identities, or create a brand new identity from totally fake information.

Child ● A child’s social security number can be used by identity thieves to apply for government benefits, open bank and credit card accounts, apply for a loan or utility service, or rent a place to live.

How Its Committed ●DUMPSTER DIVING! ○ Thieves will search dumpsters for personal information to steal account number ●Mailbox Raiding ○ Its pretty easy to find bank statements and other personal documents to steal your identity ●Skimming ○ Installing their own credit card scanner on an atm to get your card numbers ●Corporate breaches ○ Hackers will access your employer's computer to take the information they have from you and steal it all.

Long Term Effects ● Have to fork over the Cash ● Ruins Credit ● Maxed out Credit cards ● Possible criminal record in your name.

Credit Card Fraud ●A term for theft and fraud committed using/involving a payment card such as a debit or credit card, as a fraudulent source of funds in a transaction. ●Credit card fraud is when someone uses one or more of your cards without your permission.

Security Issues ●Credit Card Fraud: Your balance will increase, and if you can't remove the charges from your account, the credit card company may hold you responsible for the unpaid amount. ●Identity Theft: Using your Social Security number and birth date, thieves can steal your identity to open fraudulent accounts, obtain medical care in your name or fund criminal activity. ●Unauthorized Charges: Unauthorized charges may appear because of an error, such as a double billing, or they may be intentionally imposed by a shady company.

How to protect yourself from Credit Card Fraud ●If you've been a victim of identity theft, you might be entitled to free credit monitoring. ●Check your financial statements regularly, keeping an eye out for any unfamiliar activity. ●Keep your cards in a safe place and don't lend them to anyone. ●Don't give your account number to any company. ●If you pay with your credit card online, make sure that the transaction is secure.

What do you do? 1. Notify affected creditors or bank9. Change all account passwords 2. Put a fraud alert on your credit report10. Contact the Social Security fraud hotline 3. Check your credit reports11. Get a new driver's license 4. Consider putting a credit freeze on your reports12. Contact your telephone and utility companies 5. Contact the FTC (Federal Trade Commision) 6. Go to the police 7. Send creditors a copy of your theft report 8. Contact credit reporting agencies If you are a victim of credit card fraud, follow these twelve steps!

Sources ● ● ● US:official&channel=fflb&source=lnms&tbm=isch&sa=X&ei=vC6LVImzKYm2yQTeioDIAg&ved=0CAkQ_AUoAg&biw=1920&bih=943#facrc =_&imgdii=_&imgrc=Nhu7WEqpb7apXM%253A%3Bz-fAkkFXoWnuSM%3Bhttps%253A%252F%252Fwww.zionsbankblog.com%252Fwp- content%252Fuploads%252F2014%252F11%252F4-ways-to-avpid-ID-theft-and-credit-card- fraud_nobtn.jpg%3Bhttps%253A%252F%252Fwww.zionsbankblog.com%252Fpersonal-finance%252F4-ways-to-avoid-credit-card-fraud-and-id- theft-2%252F%3B1200%3B500 US:official&channel=fflb&source=lnms&tbm=isch&sa=X&ei=vC6LVImzKYm2yQTeioDIAg&ved=0CAkQ_AUoAg&biw=1920&bih=943#facrc =_&imgdii=_&imgrc=Nhu7WEqpb7apXM%253A%3Bz-fAkkFXoWnuSM%3Bhttps%253A%252F%252Fwww.zionsbankblog.com%252Fwp- content%252Fuploads%252F2014%252F11%252F4-ways-to-avpid-ID-theft-and-credit-card- fraud_nobtn.jpg%3Bhttps%253A%252F%252Fwww.zionsbankblog.com%252Fpersonal-finance%252F4-ways-to-avoid-credit-card-fraud-and-id- theft-2%252F%3B1200%3B500 ●