Identity Theft or fraud – What if I Become a Victim

Step 1: Call your credit card and debit card companies and let them know you suspect identity theft or fraud. 

Have them freeze or cancel all credit/debit cards in your name.  We also recommend getting a copy of the monthly statement for previous six months. Most, if not all, credit card agencies have information releated to identity theft prevention on their respective websites. 

Step 2: Contact the three credit bureaus (Equifax, TransUnion, Experian) and have a fraud alert placed on your account. 

You should consider placing a “freeze” on your account.  If you chose to put a credit “freeze” on your account send each of the credit bureaus a written letter requesting this action.  The letter should be send registered mail that requires a signature upon receipt.  This will provide evidence that your letter was received.

Step 3: Contact your local police department and file a police report. 

The primary reason for filing a police report is to ensure that proper procedure is followed and a paper trail exists. Having a report on file will be very useful should your bank or insurance company ask whether or not yout have take the necessary independent steps. By filing a report with the police, you both increase the chance of a positive investigation for you case, and also protect yourself from any procedural run-around by your bank, insurance, or credit card companies.   

Step 4: Contact the FTC and file a complaint.

Let the FTC know that someone has committed or tried to committe a crime in your name. More information can be found at www.ftc.gov 

Step 5: Call the Social Security Office and report that you have been a victim of identity theft or fraud. 

Emphasize to them that your Social Security Number has potential been stolen.  Ask them about getting a new Social Security Number and any other necessary steps.

Step 6: Review your credit and debit card statement for the previous six months. 

Verify what charges are legitimate and which ones are fraudulent.  The amount you are responsible for depends on when you report the identity theft or fraud. Hopefully your bank has fraud prevention measures in place that identify any irregualr spending patterns or habits. Be sure to carfully review and thoroughly document any false charges.