117

Banks are not indifferent to identity theft. They are just not sharing with you what they are doing. As well as the privacy reasons cited in the other answer, and the inability of the banks to conduct their own criminal investigation, there is another very important reason why the banks will not share their investigation with you. The most common kind of ...


91

I think that's a steaming crock of cow manure. The (well, a) standard method for determining whether an account is "on the level" are micropayments: you give them your bank's "routing number" (name will change depending on the country) and your account number. They make a couple of small deposits, and then you log into their website and enter in the ...


85

fine because the application was declined anyway. No it isn't fine. Credit card applications generally need a hard pull, so get it rectified. Firstly check if an application was really made on your behalf. Some companies use this ploy to pull you into a scheme of making you apply for a credit card. Secondly call up the credit card company and ask them ...


65

The norm for disposing of old checks is destroying them, if you really wanted a non-shredder option you could cut a significant portion off and just burn those, or dispose of larger pieces at separate times/locations. However, with a name change you can typically just keep using them. Sign your new name. The name/address portion at the top is mostly a ...


59

You fooled yourself into thinking that you could get something for nothing, and now you're fooling yourself that this will all just go away if you are sufficiently clever. What happens if the folks who were paid with bad check start filing criminal complaints against you? What are you going to say to your father when the bank calls him about the overdraft? ...


57

Don't be so paranoid! An ill-wisher would just have pocketed your wallet. Somebody did you a good turn by handing it in to the desk, so that nobody else would be tempted. Be thankful and stop worrying!


55

This is clearly an identity theft fraud in stages. To be specific, this is called one-dollar scam. Even OP didn't provide further information to the said entity, some data is already leaked into the scammer's hand (Here show some of the major data breaches). To fix it : Call the credit card issuer now by using the hotline number printed on your credit ...


46

I wouldn't regard that article as knowledgeable about credit card processing systems, however: Does the restaurant's credit card system typically store the customer's credit card information after the initial authorization until the charge is finalized? If so, for how long is it typically stored? They shouldn't do, unless their business is fully ...


45

Use them to make papier mache. Place them in a bucket of water, let them sit for a while, stirring/mashing occasionally, until they become a pulp. Then either discard the mess, or use it creatively: https://en.wikipedia.org/wiki/Papier-m%C3%A2ch%C3%A9


40

If you were to read the fine print, you are obligated to sign the card to use it. Writing something besides a signature voids the card. But of course, only if the store clerk bothers to look. You want protection? Use a card with a liability limit.


37

Why on earth did you only consider burning them inside your apartment? Go outside and find somewhere without many people. Could be a park, side of the road somewhere, even an alleyway if you can't easily get out of the city. (Improved idea from Geobits: if you're worried about lighting a fire just anywhere, or if there are local rules about it, many parks ...


34

This sounds like scam. There is no reason for any one to know your username and password. Are you sure it is your fiancee or some fraudsters. They may run with your money or use it for illegal activity.


33

I have had a card signed as "asked for ID", and it didn't make any merchant ask for ID. In fact, it didn't have any positive effect whatsoever. Most merchants don't even try to match the signature, and most credit card issuers know that it's worthless. I was however once asked to sign a card that I didn't sign at all, and the seller said that he's not ...


33

Simple: Use a secure shredding vendor. Some vendors offer different tiers with different disposal practices, for checks you would obviously want to choose the more (most) secure option. Many office supply vendor chains offer secure shredding services - UPS Store, Office Depot, PostNet, and so on. Googling for your local branches should give you an idea of ...


30

Do not disclose any more information and change your passwords to the bank website. You might possibly have to change your phone number that you have linked to the bank account. This is important since you might be receiving One Time Passwords (OTPs) on the mobile number which can be used to gain access to your account. Personally, I think physical address ...


30

I asked for the account number or name of the entity on that account, and they refused to give me that information. If the transfer was made directly from the card to the destination account, then the destination account should be on the transaction record for the card. Asking the bank for this is suspicious. The account owner would have that information ...


29

When you have a credit freeze, or security freeze, in place with the credit bureaus, this restricts access to your credit report. However, it does not completely prevent all access. Some situations where your credit information is still available, even with a security freeze in place are: Your existing creditors (and debt collectors acting on their behalf)...


29

I agree, it is not a great suggestion. The idea for it comes from the fact that a tax return can only be e-filed for an individual once. If a second tax return is attempted to be e-filed, it will come back with an error. Obviously, if you file your return earlier rather than later, it closes the window of when a fraudster can e-file a fake return for you. ...


27

This can be a case of someone trying to use your identity to obtain credit. I would put a fraud alert on my credit immediately. I went through something similar... got denial letters for credit I didn't apply to. A few months later I get hit with a credit ding from a pay day loan company that apparently allowed the thief to get a loan who obviously didn't ...


27

If I’m prepared and have a camera ready I can take photos of all your cards and note the security codes on the back. With that I can make payments with your card. A stupid criminal could use that to have expensive things delivered to their home, a clever criminal would figure out how to rob you without getting caught. I could make lots of donations to good ...


25

Well I'll start with the technically correct answer: Sign it. The signature is technically required by the credit card issuer. If you write anything other than your signature you are breaking the rules. But the more realistic answer: It doesn't matter at all. To start with, in most cases you will just swipe the card and the cashier will not bother to check ...


25

Your name, address, and telephone number are all more or less public information. Think about it: how many people do you give this information to every month? If this is the only information you gave out, I wouldn't worry about it too much. Of course, from now on, be more aware before you start handing out information. Just this week, I heard from a ...


25

I understand your frustration at feeling as though banks may not care about fraud, but they do. You have to realize though that there are limits to what they can do. It is up to the police or other authorities to pursue criminal investigations, and to the extent the local laws allow it (in most jurisdictions even the police need warrants or court orders to ...


23

Status alone shouldn't be a problem. A fellow blogger publishes a blogger list at Rock Star Finance where he lists nearly 1000 personal finance bloggers web sites. You can see that many of them publicly offer their numbers. What you need to consider is whether you are anonymous, or if friends and family will know it's you. "Hey Tev, you have no debt and ...


23

When a thief submits a fake tax return in your name, it doesn't matter whether you actually owe taxes in real life or not. The thief will make up numbers and claim a refund. The IRS typically sends out refund checks before verifying that everything claimed on the return is accurate. It is later that the IRS goes through each return and decides which ...


21

At least in the UK (but I suspect also in the US), many offices use secure collections bins (see below) to dispose of confidential papers that are no longer needed. These are collected periodically by a service company and securely shredded (often essentially on-premises using a mobile shredder). The ones I've seen would be able to handle an unseparated ...


21

It sounds like the main thing to worry about is your bank account. If it were me, I'd call the bank and tell them you've been the victim of identity theft, and see what they say you need to do from there. It may require filing a police report, or getting your parents involved, since they're on the account, but the only way to find out is to talk to someone ...


21

Everything is risk vs reward. You left your wallet on gym floor. A group of guys saw it and returned it to the front desk. I have two things to say - I managed a Golds Gym for a while and I also have worked out at a gym probably 200 days a year the past 25 years (started young). Your example is super super frequent. It is also sometimes annoying I ...


19

Take them to the bank branch, ask them to destroy the cheques for you.


18

To reinforce an earlier answer; it is a steaming pile of cow manure. Not only is the bank username/password the most important information you carry, for the real Macoto Bank it would be utterly useless for authentication purposes (as they (should) have no way of verifying that information)! Provided that the Macoto bank mentioned is the Macoto Bank of ...


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