Identity Theft

One of the most important possession we own is our name. That includes our reputation. But that is not all. What we write can be stolen (plagiarism). What we draw, paint or otherwise create can be stolen, altered or destroyed. Even then, copyrights could be of little or no help. This kind of theft can be brutal, subtle or even cybernetic. And what is so tragic, as many as 85% victims of identity theft don't know they have been victimized for up to a year. And many do not report that their identities have been stolen.

Why? Embarrassment. Shyness. A refusal to believe that anything can be done. Too much time elapsed so the trail must be cold. Even more so is the fact that so much identity theft is perpetuated by co-workers, family members, so called "friends" and neighbors.

Unfortunately, catching identity thieves is difficult. We're told that in 2006 only 1 in 700 identity theft suspects had been arrested, a much lower figure than the apprehension of other transgressors such as property and passionate offenders (e.g., violent crime). These kinds of thieves are clever, at times diabolical and some cyber criminals live outside the country making it more difficult to apprehend and indict them.

How is this accomplished? In many ways, some blatant, other subtle. For instance, a thief could call you and sound official seeking information. Many are very smooth operators, unusually personable and may win you over. If you're even slightly suspicious, simply hang up. If it is legitimate, they will contact you again more likely in writing. There are those who search through garbage looking for documents they can use to cheat you (like canceled checks, bills, etc.). So, be careful how you toss documents into the trash (shred them).

Documents can be stolen (including employee theft); credit cards can mysteriously disappear, wallets are fair game for thieves and cars can be ransacked for documents and addresses. Computers can be hacked and cameras can inconspicuously take pictures of numbers and passwords (watch that person behind you in line with a cell phone camera).

There are "pretexters" who somehow have obtained a little information about you but need to know more in order to rip you off. Knowing some facts makes it easier for them to pose as a legitimate representative as they seek more information. And you could be less suspicious by then. Scammers are often ingenious in sounding legitimate and too often widows and the elderly are victims of identity theft.

It is wishful thinking that we are adept at flushing out these criminals. We may be victimized once but they have fooled many which means they have an advantage. If you have any suspicion whatever, ask for their phone number and tell them you will call back. Also ask for the name and address of the institution they claim to represent. If legitimate, this will pose no problem. If they give you a phone number, verify this by checking a phone directory or calling 411. Or, ask them to call back later and speak to your son, lawyer or minister who you will make available. This will often call their bluff.

Any of these (and other ideas you can think of) will help reduce what is becoming a huge problem for many seniors. The moral of the story is not always astute but at least a starter: If in doubt, don't. And remember, many con artists (scammers, identity thieves, cheaters) don't always give up easily. They can entice you to listen longer. Don't. Hang up! Then you'll hopefully avoid a potentially tragic senior moment.