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Protecting your money: Identity Theft

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1 Protecting your money: Identity Theft
Coach Markus

2 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.

3 Key Terms Social Security number Identity Theft Public records
Private records Receipt

4 Social Security Number
What is a social security number? - Personal identifier

5 Social Security Number
What is it used for? Tax Collection Social Security Financial institutions, universities, employers Voting

6 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.

7 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.

8 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

9 How to protect yourself…
Only keep the cards you need in your wallet.

10 How to protect yourself…
Keep your Social Security card in a safe place.

11 How to protect yourself…
Leave your Social Security numbers and Driver’s License numbers off checks.

12 How to protect yourself…
Take, keep, and shred receipts.

13 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

14 How to protect yourself…
Tear up or shred all Pre-Approved Credit offers.

15 How to protect yourself…
Do not give private information over the phone, unless you initiated the call.

16 How to protect yourself…
Pick up your new checks from the bank, don’t have them mailed.

17 How to protect yourself…
Don’t put private information on your computer. Passwords Social security number Account numbers Credit card numbers

18 How to protect yourself…
Check all of your bills and statements carefully. Always look for suspicious charges or balances.

19 Public Records Public records are records that are available to anyone who would like to see them.

20 What records are…..public?
Birth records Marriage licenses Divorce records Property deeds Motor vehicle records Voter registration Legal proceedings

21 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

22 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

23 Quiz Take the quiz and turn-in when complete.


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