New Tool to Help Victims Recover From Identity Theft

Identity theft has become so prevalent that some regulators say it’s not a matter of if you’ll become a victim, but when. Last year alone, the Federal Trade Commission received 490,000 complaints of identity theft from consumers, a 47 percent increase over the year before. And that’s just the tip of the iceberg. An estimated 17.6 million consumers’ identities were stolen in 2014, according to the Department of Justice. Ways to save, expert investment advice, scam alerts and more! — AARP …

Why Taxpayers Should Worry About Identity Theft

A month-long window of opportunity has opened up for scammers, and its timing is crucial for honest taxpayers. Here’s why: Identity theft. Documents that you need in order to file your 2015 tax returns should start arriving soon in your mailbox. Employers are required to mail W-2 and 1099 forms by Jan. 31; banks and brokerage firms may have later deadlines. With your Social Security number and other sensitive information, this paperwork provides identity thieves with enough details to open …

Scam-Proof 2016 With These 7 Simple Steps

Happy New Year! Start 2016 on the right foot, with these simple steps to reduce your risk of scams: Freeze your credit file. The best way to proactively prevent identity theft (as well as minimize damage after it occurs), a credit freeze restricts access to your credit report. Without being able to review it, most creditors won’t issue loans, credit cards or other credit in your name – helpful when your personal data falls into the wrong hands, whether resulting from …

Latest Spin on the Infamous IRS Impostor Scam

From the start, this was no typical scam. Unlike previous IRS impostors, the fraudsters behind these phone calls weren’t just randomly trolling for personal information for identity theft. These crooks already had some of it, including the last four digits of the Social Security numbers of those they called. That data, along the display of an IRS toll-free number on recipients’ caller ID, made their demands for money more convincing — and frightening. Pay those back taxes immediately, they warned, or …

Safer Medicare Cards in Future Prompt Vulnerability Now

Medicare open enrollment runs each year from Oct. 15 through Dec. 7, providing a special window of opportunity for various scams. But none is as widespread and successful as this one: Posing as employees from the Centers for Medicare & Medicaid Services (CMS) or other government agencies, fraudsters claim in phone calls or unexpected home visits that new cards are being issued and that, for you to continue to receive your benefits, the agency must “verify” or “update” identifying information. …

Cyber Aware? Know the Top Internet Scams

October is National Cyber Security Awareness Month, and no doubt you’re fully aware of what happened to Target, Home Depot and scores of other companies that were victims of cyber attacks. Those big-brand data breaches certainly make news. But what really hits home? The cyber scams that don’t generate headlines yet result in the most reports and complaints to the National Consumers League and other watchdog groups. So along with the often-preached mantras that warrant repeating this month — use …