ID THEFT PREVENTION

AND ID THEFT INSURANCE

PAT CROW
KEEPMYID.ORG
pat@keepmyID.org

www.keepmyID.org
1-800-664-5936






IDENTITY THEFT AND
INSURANCE
(1) THE PROBLEM:

WHY IS THIS A CONCERN?

(2) HOW DOES IT AFFECT ME?

(3) CURRENT CLIMATE: A GROWING CONCERN

CORPORATE AMERICATHE WAVE
BEGINS



THE PROBLEM
THOSE WHO DO NOT STUDY HISTORYARE
DOOMED TO REPEAT IT.

WE ARE REPEATING IT.



THE PROBLEM
HISTORY OF ID THEFT




THE PROBLEM
SPREADING LIKE A VIRUS
FBI, US Postal, Secret Service, FTC all agree:

ID Theft Is The Fastest Growing Crime In The
United States.


THE PROBLEM
2011: 11.6 Million Victims
2012: 12.6 Million Victims
2013: 13.1 Million Victims

Your Chances: 1 in 3 every year.

Your Average Cost If Victimized: $3,000.

Each victim will spend (on average): 331 HOURS trying to
correct the problems.
Note: You will still have problems on your credit 71% of the time

1.152 Million Arrest Warrants were issued for the wrong
people due to ID theft in just one year.
ID Theft:
FBI STATISTICS
Do you have automobile insurance?
1 in 88 chance of an automobile accident
Do you have a homeowners policy for fire?
1 in 728 chance of a house fire
Do you have Identity (ID) Theft insurance?
1 in 3 chance of becoming an ID theft victim


ID Theft:
It Wont Happen To Me!
2013 VICTIMS:
The Chief Justice of the Supreme Court
The First Lady
The Vice President
Beyonce
Mark Cuban
Think You Are Better Protected Than Them?

ID Theft:
It Wont Happen To Me!
THE OTHER HALF OF ID THEFT

FINANCIAL ID THEFT = 51% OF ID
THEFT
WHAT ELSE???
THE OTHER 49% OF ID THEFT:
TAX
MEDICAL
EMPLOYMENT
BENEFITS
CHILD/ELDERLY
CRIMINAL
FAMILY FRAUD

WHAT ELSE: TAX ID THEFT
SOMEONE FILES A TAX RETURN IN
YOUR NAME

TAX ID THEFT HAS TRIPLED

> 938,000 FALSE TAX RETURNS IN 2012

OVER 1 MILLION EXPECTED THIS YEAR

WHAT ELSE: MEDICAL ID
THEFT
A PERSON GETS A MEDICAL
PROCEDURE/SURGERY IN YOUR NAME

MEDICAL ID THEFT: UP 24%

PROBLEMS: MEDICAL CHART ERRORS

WHAT ELSE: MEDICAL ID
THEFT
The Michael Weatherford Case: Kenneth
Marshall took his DL

Used the stolen DL to obtain medical
treatment by identifying himself as
Weatherford

> $345,000 at Ohio State Wexner Medical
Center before detection.


WHAT ELSE: EMPLOYMENT
FRAUD

Someone gets a job in your name

Illegal aliens, felons, people with bad credit

Why you ask.


Common Examples
Open New Credit Cards
Obtain Vehicle Loans
Open New Checking/Savings Accounts
Lease Apartments, Vehicles, or Equip.
Obtain Mortgages
Employment-IRS/SSA
Telephone, Cable, and Electric service

WHAT ELSE: BENEFITS FRAUD
Social Security fraud

Benefits fraud

WHAT ELSE: CHILD ID THEFT/
ELDERLY ID THEFT
35x MORE LIKELY NOW

THE PERFECT VICTIM They never check
their credit.

CHILD ID THEFT EXAMPLE
Olivia McNamara: ID stolen at 9 YOA
Freshman Year: $1.5 million in fraudulent
debt.
42 fraudulent accounts opened in her name

WHAT ELSE: CRIMINAL
LIABILITY
Thieves will get arrested in your name.

Over 1 Million warrants issued for the wrong
people every year due to ID Theft.



WHAT ELSE: CRIMINAL
LIABILITY

Stancy Nesby of Oakland has been arrested,
jailed or detained 11 times in 15 months, all
because of bogus bench warrants issued in San
Francisco. by Michael Maloney / San
Francisco Chronicle
WHAT ELSE: FAMILY FRAUD
My credit is terriblelets use Juniors

ID Analytic Study:

In 2011: > 500,000 children under 18 years of age
had their ID stolen by their parents.


WHAT ELSE: FAMILY FRAUD
2011: > 2 million elderly parents were
victimized by their adult children.

Compared to the last three years, this crime is
up by 47%.

WHO YA GONNA CALL:
Help Police!!
The Identity Theft Statute became law in Texas on September
1, 1999

A person commits an offense if the person obtains, possesses,
transfers, or uses identifying information of another person
without the other persons consent and with intent to harm or
defraud another.



Help Police!!



THE ENTIRE ID THEFT UNIT FOR ALL OF DALLAS..



Help Police!!
Help Police!!


One person!

CONCLUSION:

You are on your own!


WHO YA GONNA CALL?


THE CREDIT CARD COMPANY WILL
PROTECT ME.

They ONLY cover their accountthat is it.



A credit card in kindergarten: Priceless

Sun-Times News Group

CLIFFORD HAS ID STOLEN
BUT IM REALLY CAREFUL
I PROTECT MY INFORMATION

I CROSS SHRED

I LOCK UP MY SS CARD

THEY HAVE YOUR
INFORMATION
YES YOU, READING THIS RIGHT NOW

5 MINUTE CHALLENGE: Anyone who
knows where to look can find your SS#,
DOB, and address in under 5 minutes on the
Internet.
Write me at brandon@keepmyid.org
anytime and put me to the test.


WHY IS IT SO RAMPANT?
WHY??? ITS EASY!
Death Master File
Lexis/Nexis
Spokeo.com
Public Mortgage Documents
Deed Records
And dozens of others






WHY IS IT SO RAMPANT?







WHY IS IT SO RAMPANT?
if you know where to look; SSNs can be
bought in bulk for $1 each on private online
forums, and a specific persons SSN can
reportedly be had for as little as $3.80.
Adrianne Jeffries from The Verge






DO THEY GET CAUGHT?
WE STILL CATCH THE DUMB ONES







Altered Check (A little greedy?)
Check the math?
Fake ID

ALMOST ALL ID THIEVES GET AWAY WITH IT.

POLICE
CREDIT CARD COMPANIES
FTC
IRS
FBI
POSTAL

LITTLE TO NO SUPPORT
AN UNFORTUNATE TRUTH




RELYING ON GOVERNMENT AGENCIES IS
USELESS.
YOU MUST GET YOUR OWN
COVERAGE.
FORTUNE MAGAZINE 2013: a standard employee
benefit



CORPORATE AMERICA: THE WAVE
BEGINS
Today more than 300 companies,
including T-Mobile, Ford, Toyota, and
Google offer ID theft protection as an
employee benefit.
By Dinah Eng@FortuneMagazine
June 13, 2013

THE WAVE BEGINS
WHY DO THEY CARE?

#1 Lost productivity. 1/3 of their
workforce will get victimized x 331 hours.

#2 Nice Employee (and Family) Benefit.
Helps Rankings.

Corporate America

#3 Liability!

The potential for data breach liability is a
financial risk that many companies and
public entities are just beginning to
recognize and address. Unfortunately, for
too many, the significant financial liability
they can incur becomes apparent only
when it is too late.
FMG Law.


IF YOU COLLECT ITYOU MUST PROTECT IT.

VERDICTS ALL OVER THE COUNTRY
2005: $275,000 against Michigan Union
Michigan Court of Appeals became the first
appellate court to allow the victims of identity theft
to recover damages (totaling $275,000) from an
organization that failed to adequately safeguard
personal information that was subsequently used
for identity theft.


CURRENT CLIMATE: A GROWING
CONCERN

IF YOU COLLECT ITYOU MUST PROTECT IT.

$18.58 MILLION VERDICT 2013: Equifax
See:http://gigaom.com/2009/12/30/rockyou-sued-over-
user-data-breach/


CURRENT CLIMATE: A GROWING
CONCERN

WHO ARE THEY GOING TO LOOK
TO.
TARGETNEIMANSMICHAELS
AND ON AND ON
HAVE YOU GOT AN ANSWER
FOR THEM?


CURRENT CLIMATE: A GROWING
CONCERN

1. BLOCK ID THEFT
Credit Monitoring = RUN!

2. COVER ALL ID THEFT
51% = Financial
49% = Tax, Criminal, Employment, Benefits,
Child/Elderly, and Medical

3. THERE IS NO 100% PROTECTION SO
GET 100% RECOVERY SERVICES: GET A TEAM
TO DO THE WORK

THE SOLUTION
Patrick Crow
1-800-664-5936

Email: pat@keepmyID.org