Identity Thieves Don’t Learn Their Lesson
Sadly, and disturbingly, a lot of identity thieves don’t learn their lesson the first time, even after they have served jail time for their crimes. For example, Robert Delgado of California was already on parole for identity theft when police found personal information for over 300,000 individuals on his computer. He came up with quite a scam, on which he was recently convicted and sentenced. He forged credit cards and government identification – so he could ‘prove’ that the cards were his of course – and used the cards to purchase expensive items, which he would later resell.
Even with all this planning, this hero to identity thieves had a fatal flaw: he listed his real cell phone number on his Facebook page. With this information, and one of his victims as an informant, authorities were able to track his location using the GPS on his phone. That is what led them to his computer. They also had video surveillance footage from a Lowe’s store that helped prove Delgado had committed his crimes.
Two lessons of note from this story. The first i
Did You Know? You Can Access “Specialty” Reports – All About YOU – for Free?
By the AllClear ID team
Vanessa here with AllClear ID. You may know by now that you can get your credit reports for free each year from each of the three major credit bureaus. We can thank the Fair Credit Reporting Act ;”>FCRA) for that. However, you may not know that the FCRA also gives you the same free access to other “specialty” reports as well. There are several “consumer-reporting agencies” that don’t create credit reports but do collect your data into what are commonly referred to as “special reports”
These agencies collect information about you from a variety of sources, including:
- Public records of criminal or civil cases
- Your credit history
- Bankruptcy filings
- Companies with which you have an existing or prior business relationship, such as insurance companies or banks
- Your medical information
- Driving records
From this information, the agencies compile reports based on the requirements of targeted users — insurance companies, employers, and landlords – who want to know about you before they do business with you.
Unfortunately, most consumers are in the dark about the very existence of specialty consumer reports. Usually they learn
Analysts Downgrades – AVID, PWER, SPG, TDY, VLY, DLX
The following stocks have recently had their ratings downgraded by stock analysts.
Avid Tech (NASDAQ:AVID) Brigantine has downgraded Avid Techs rating from: Buy to Hold Target Price: $8.00 . Avid Technology Inc is a provider of digital media content-creation solutions for film, video, audio and broadcast professionals, as well as artists and home enthusiasts.
Power-One (NASDAQ:PWER) Dougherty Company has downgraded Power-Ones rating from: Buy to Neutral Target Price: $5.00 . Power-One, Inc. is a designer and manufacturer of power conversion and power management products, mainly for the communications and server/storage infrastructure equipment, industrial applications, high-end consumer and renewable energy markets.
Simon Properties (NYSE:SPG) UBS has downgraded Simon Propertiess rating from: Buy to Neutral Target Price: $125.00 .
The Commander of the U.S. Cyber Command Highlights Proactive Cyber War Strategies
Our nation is at cyber war. From the astounding amount of data breaches that impact the average consumer to large scale attacks that on our government, defense contractors and the intelligence community, we have entered a new frontier of warfare. The editorial staff of the ITAC blog was fortunate enough to see Keith B. Alexander, Commander, U.S. Cyber Command, Director, National Security Agency/Central Security Service, speak at the GEOINT 2011 Symposium. Following is Alexanders keynote address, which focuses on key solutions for protecting our nation and critical assets from cyber attacks. Full Post…
Roth IRA – for a blithe full life
To be a great bursar, Roth IRA is one of the ways. Roth IRA is a retirement plan unlike any other retirement plans it has its own capabilities of establishing its superiority. For more information on this, one should definitely go through roth-ira.org. It has its own requirements to make contributions under a Roth IRA.
The most important restrictions Roth IRA follows are like, the income should not exceed $120,000 per annum and he /she are allowed to contribute a maximum of $5,000 per year. Full Post…