Sunday, February 19, 2006

DVD Available To Help Consumers Combat Identity Theft

The Federal Trade Commission (FTC) reports that identity theft cost consumers $5 billion and 300 million hours last year. Now, the government is taking steps to help crack down on the crime.

According to the FTC, 10 million people in the United States had their identities stolen last year.

  • "Identity theft is a particularly pernicious crime. Victims can lose opportunities for employment, credit, housing, the keys to their financial security once their credit history is corrupted by these information age thugs," said FTC Chairman Deborah Platt Majoras.

In response, a new DVD from the Treasury Department is now available. It aims to educate consumers on how to protect their identities.

  • "Technology being what it is, these attacks are changing daily and rapidly. Awareness is key to have everyone focused on staying ahead of curve," said Emil Henry Jr., the Assistant Secretary of the Treasury for Financial Institutions.

The DVD recommends that consumers:

  • check their credit history. (All three major credit agencies offer free annual credit reports.)

  • not leave information lying around, including letters in their mailboxes.

  • shred statements and financial information once they are looked over.

To get the DVD, call (888) 878-3256.

For more ways to protect yourself and your family, click here.








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