Robert Siciliano Identity Theft Expert
Medical identity theft occurs when the perpetrator uses your name and in some cases other aspects of your identity, such as insurance information, to obtain medical treatment or medication or to make false claims for treatment or medication. As a result, erroneous or fraudulent entries wind up on your medical records, or sometimes entirely fictional medical records are created in your name. Financial identity theft as it relates to new account fraud is when an identity thief gets the victim’s Social Security number and opens new financial accounts under the victim’s name. There’s very little protection from this due to a flawed system of open credit and lack of authenticating the actual “owner” of the SSN.
In Chicago, ABC News reports “Seven people have been arrested in an identity theft ring that allegedly used information stolen from victims’ medical records to obtain credit cards. The identities of more than 200 patients of a Chicago hospital were stolen. The information was stolen from the offices of the Northwestern Medical Faculty Foundation. That information led to $300,000 worth of goods and services being racked up on fraudulently.The suspects are even accused of using Facebook to post photos of themselves posing with stolen clothing and jewelry.”
One of the rings leaders alleged to have been a part of the group, is being held on $100,000 bond. Apparently her third run-in with the law.
Her mom said “That’s really not her. She is a good person. She do have a heart.” She “do”, huh? She do like to steal identities too. And she do like to buy her nice stuff with those stolen identities. The victims have to spend many hours cleaning up their good names. They may be denied loans in the process or jobs or insurance due to bad credit.
You do need to protect yourself from new account fraud and identity theft protection and a credit freeze is the best way. I did a spot on Good Morning America on this story below.
1. Get a credit freeze and follow the steps for your particular state. This is an absolutely necessary tool to secure your credit. In most cases, it prevents new accounts from being opened in your name. This makes your Social Security number useless to a potential identity thief.
2. Invest in Intelius identity theft protection and prevention. Not all forms of identity theft can be prevented, but identity theft protection services can dramatically reduce your risk. (Disclosures)
Robert Siciliano Identity Theft Speaker discussing ID Theft Ring on Good Morning America
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