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Identity fraud nightmare: One man's story [MarketWatch]

Wednesday, February 10, 2010 - 9:28 AM
Here's a disturbing story from MarketWatch about identity theft:
In fewer than six months, some $900,000 in merchandise, gambling and telephone-services charges were siphoned out of his debit card. His attempts to salvage his finances have cost him nearly $100,000 and have bled dry his savings and retirement accounts
This reminds me of a reader who has a MetLife Bank account just for its free Identity Theft resolution service.
Ken TuminKen Tumin5,473 posts since
Nov 29, 2009
Rep Points: 125,800
1. Thursday, February 11, 2010 - 1:43 AM
"His advice to others: Don't touch Web sites that offer free things or 30-day trials; never give out personal information; and always keep your receipts. "


This guy lives close to me.  A lot of those "freebie" and trial websites are pushing junk anyway, so I avoid them.  I lost close to $2000 on an online rebate pyramid scheme.  If it's too good to be true, it usually is.
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,964