New Trends in Financial Abuse and Identity Theft
Author: Dana Shilling, J. D.
Source: Volume 18, Number 06, March/April 2016 , pp.81-85(5)
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Abstract:
This article discusses the newly identified trends of deed forgery and manipulation of automatic debits from accounts, as well as identity theft. To assist the vulnerable, there are advocates on behalf of potential victims, such as the CFPB, and Fidelity Investments has launched a program to train financial advisers to offer better service to senior citizen clients.Keywords: property deed forgery; shell companies; identity theft; use of Social Security numbers as multipurpose identifiers; IRS correspondence; credit reports; unauthorized bank payments and charges; Electronic Fund Transfer Act; EverSafe; proactive measures
Affiliations:
1: Co-Editor.