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Prevent Identity Theft When Shopping Online

There is an increasing amount of people who depend on the web, which has led to increased instances of identity theft occurring online. Many people use the internet to make a variety of purchases and there can be fear of identity theft when doing this. It is important for people to realize that actually online identity theft usually brings with it the same amount of risk that using a credit card in any other way does.

Even when you are aware of how to protect yourself online from identity theft it is important that you pass on this knowledge to your children. Identity thieves are after things that are way more valuable than money.

You should never provide personal information to people online. If people ask for this information it should immediately send up a red flag in your mind. Even if you think you know someone it is important to keep your information to yourself.

Never provide your full name or your full address to anyone online, whether you are in a chat room, a forum, or in private chat. You should also never give your social security number to anyone online. Be sure that you do not provide any of this information in profiles about yourself either.

Some may be fearful of doing any shopping online but online shopping is becoming more and more popular and it is ok to make purchases online. If you do decide to make online purchases be sure that you make sure to do it wisely. Be sure that you know it is a safe place to make purchases. Be sure that the site you use when giving out credit card information is secured.

You can see if the site is secured by looking for the “S” in the browser window, which will come after the http. If you can not be sure it is a secure site then do not make any purchases there. It is also a good idea to only use your credit card to purchase things from sites that are reputable. If you do not want to use your credit card information you can set up an account, such as Paypal, to make online payments without giving your personal information. You should always be sure to type in website addresses instead of just following the links to a site. It is possible for links to lead to sites that are fakes and will take your information and use it in a bad way.

Every time you decide to make an online purchase you need to remember what you know about identity theft protection. It only takes one time of dropping your guard and leaving your information unprotected to result in identity theft that will cause you many problems in the future.


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Witness: Investor dollars went to Stanford's Swiss account - Houston Chronicle


Boston.com

Witness: Investor dollars went to Stanford's Swiss account
Houston Chronicle
By Terri Langford Millions of investor dollars flowed from a Caribbean bank to a Swiss account controlled by R. Allen Stanford, and from there to his numerous businesses in the US and elsewhere, a key witness testified Friday in Stanford's fraud trial.
Former CEO testifies Stanford conspired in investment fraudAntigua Observer
Stanford Used 'Slush Fund' at SocGen for Bribes, Davis SaysSan Francisco Chronicle
Accountant details Stanford investment spendingBusinessWeek

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Burnsville Finance Company Accused of Elaborating Investment Fraud Scheme - LoanSafe


Burnsville Finance Company Accused of Elaborating Investment Fraud Scheme
LoanSafe
by Evan Bedard on February 2, 2012 in Scams (Source: By Dan Browning, Star Tribune, Minneapolis) - A small private investment fund in Florida filed a federal lawsuit in St. Paul this week accusing several Twin Cities firms and individuals of running an ...
Burnsville finance company accused of fraudMinneapolis Star Tribune
Burnsville Company, 3 Locals Accused of FraudTwin Cities Business (blog)

all 3 news articles »

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How to spot investment fraud - Reuters


How to spot investment fraud
Reuters
"Fraud is based on trust. Social media ... is almost a perfect platform to commit affinity fraud." Investment scams, in general, are driven by victims' belief that the opportunities presented are credible. That increasingly involves using false ...

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Former Credit Suisse employees accused of fraud in valuing subprime investments - Washington Post


FT Adviser

Former Credit Suisse employees accused of fraud in valuing subprime investments
Washington Post
As the mortgage market melted down in 2007 and 2008, investment bankers and traders at Credit Suisse used fraudulent bookkeeping to create an illusion that their subprime investments were still profitable, the government said Wednesday.
SEC charges ex-Credit Suisse bankers in subprime fraudFT Adviser
Analysis: Obstacles high for more mortgage prosecutionsReuters
Credit Suisse exec charged in NY mortgage probeBusinessWeek
Bloomberg -New York Times -Forbes
all 90 news articles »

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Stanford's Ex-Finance Chief Davis Says They Conspired in Fraud - BusinessWeek


Stanford's Ex-Finance Chief Davis Says They Conspired in Fraud
BusinessWeek
3 (Bloomberg) -- Ex-Stanford Financial Group Co. finance chief James Davis told jurors that he and R. Allen Stanford, the company founder, conspired in an investment fraud. Davis, 63, pleaded guilty to three felony charges in August 2009 and agreed to ...

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Greenberg Traurig Hit With Suit Alleging Fraud, Breach of Fiduciary Duty - The American Lawyer


Courthouse News Service

Greenberg Traurig Hit With Suit Alleging Fraud, Breach of Fiduciary Duty
The American Lawyer
An investor in a now-bankrupt California private mortgage broker and real estate loan provider claims in a potential class action brought against Greenberg Traurig that the firm, acting as the broker's counsel, helped hatch a fraudulent scheme that ...
Wells Fargo, Greenberg Traurig Aided and Abetted Ponzi Scam, Investor SaysCourthouse News Service

all 3 news articles »

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