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Identity Theft

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Online financial management sites Geezeo and Wesabe maintain a high level of security....
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What? You say you don't have a data security plan? Does that mean you don't use computers in your business? No, you probably do! It is never too early to establish how you...
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The topic of green living is everywhere right now, but accounting has always required a paper trail. Here are suggestions on how to keep the paper to a minimum.
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If you have a merchant account and use Authorize.Net as your payment gateway, you might be happy to know that they are offering free verification seals to their merchants. You can read about...
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Kevin Stirtz
Last week I was driving on a major interstate highway in my city. I noticed a new billboard. It caught my attention because it was new and because it was not very effective....
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SSL Seals or SSL Certificates have long been used as a way to provide 3rd party verification of a website. The idea behind these certificates is that the user can feel assured that...
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Miranda Marquit
When it comes to insurance policies, it is becoming ridiculous. Everyone gives you the "better safe than sorry" line and tries to convince you that you need something. However, there is some insurance...
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In this blog post , I talked about how Phishing may be impacting the ability of genuine eBay sellers to get through to their customers. In just the past week, I have counted...
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Last month, I blogged about Slow-Paying eBay Buyers . Lately I've noticed what seems to be an increase in slow paying eBay buyers who have favorable feedback records. What would cause an ordinarily...
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The Jobs Creation Act, signed into law in 2004, permits private collection agencies to collect past due federal taxes. Although there has been opposition to the idea (for one thing, the agencies charge...
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Miranda Marquit
A new and insidious scam is going around: the jury duty scam. In this scam, someone calls up claiming to be a court representative. He or she tells you that a warrant has...
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Miranda Marquit
Before agreeing to become a co-signer on someone else´s loan - anyone else´s loan - take some time to carefully consider whether or not it is a wise financial decision. You might feel...
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Miranda Marquit
When you want to place a fraud alert on your credit report, all you have to do is call one of the credit bureaus. The credit bureau will then let the other two...
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Miranda Marquit
Every month you probably have a good number of financial statements to pore over: savings account, checking account, auto loan and any number of credit card statements. And what about those periodic statements?...
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Miranda Marquit
By  | Filed In: Consumer Law and Legal
When you go to get loans as a victim of identity fraud, you may have a bit of trouble. Argue for the interest rate you deserve if you feel that your credit score...
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Miranda Marquit
Identity theft can seriously impact your financial wellbeing. So, while it is probably not possible to protect yourself completely, here are a few things you can do to reduce the chances that you...
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Miranda Marquit
The debit card has certainly made life easier for many of us. It has also made us more comfortable. The debit card combines the convenience of a credit card with the "safety" of...
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Miranda Marquit
Phishing is the practice of sending an email that looks "official" to someone. Usually quite a few someones at once. This email might look as though it comes from your bank, but it...
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Miranda Marquit
It recently came to my attention that a scam is being perpetrated under the disguise of being with the FDIC. Emails designed to look like they come from this federal agency have begun...
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Business Glossary

Definitions for: identity theft
identity theft

misappropriation of an individual's identifying information with the intent to commit fraud. An individual who knowingly uses another person's Social Security number or driver's license or other personal identifying data to open fraudulent bank accounts or apply for fraudulent loans is committing identity theft. In a common version, called account takeover theft, the thief uses the information to access existing accounts. Computerized records and the ability to transact business anonymously over the Internet have contributed greatly to the rise of identity theft crimes since the late 1990s.

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