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Protecting your money: Identity Theft
Coach Markus
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Identity Theft Movie: The Story of Michelle Brown
Identify Theft: The Story of Michelle Brown Identity Theft is a Lifetime Television movie that is based on Heddi Larae Ille. It first aired in 2004.
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Key Terms Social Security number Identity Theft Public records
Private records Receipt
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Social Security Number
What is a social security number? - Personal identifier
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Social Security Number
What is it used for? Tax Collection Social Security Financial institutions, universities, employers Voting
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Social Security Number
Privacy dilemma The use of Social Security numbers makes it easier for record keeping to be more accurate and universal between agencies.
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Social Security Number
Rules of Thumb: ~ Do not write them on personal checks ~ Do not use them as a part of any password ~ Do not give your number to anyone, unless it is an official agency, bank, school, etc.
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Identity Theft Identity Theft is a crime in which someone wants to become you. They can use your personal information to: Open or use bank accounts Use Credit cards Get a driver’s license Obtain loans Rentals
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How to protect yourself…
Only keep the cards you need in your wallet.
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How to protect yourself…
Keep your Social Security card in a safe place.
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How to protect yourself…
Leave your Social Security numbers and Driver’s License numbers off checks.
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How to protect yourself…
Take, keep, and shred receipts.
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What is a receipt? A receipt is a proof of purchase from a store, restaurant, ATM, etc.. Receipts may contain: Credit card numbers (older machines) Account balances Signature of purchaser Name of buyer
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How to protect yourself…
Tear up or shred all Pre-Approved Credit offers.
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How to protect yourself…
Do not give private information over the phone, unless you initiated the call.
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How to protect yourself…
Pick up your new checks from the bank, don’t have them mailed.
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How to protect yourself…
Don’t put private information on your computer. Passwords Social security number Account numbers Credit card numbers
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How to protect yourself…
Check all of your bills and statements carefully. Always look for suspicious charges or balances.
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Public Records Public records are records that are available to anyone who would like to see them.
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What records are…..public?
Birth records Marriage licenses Divorce records Property deeds Motor vehicle records Voter registration Legal proceedings
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Private records Private records are only available to those who have a reason to see them, and have approved access. - Employment information IRS/Tax records Criminal records Social Service records (Welfare, etc.) School Records Medical Records
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Where should I keep documents?
Home Safe Bank safe deposit box On an electric storage device that is kept in a safe deposit box (not on the computer!) Locking file cabinet
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Quiz Take the quiz and turn-in when complete.
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