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By Mary Frances Gurton Staff Writer
San Gabriel Valley Tribune

PASADENA - Tommie Brown said he worked hard, paid his bills on time and kept his credit clean all his life, only to fall victim this year to a $350,000 mortgage fraud scheme.

The longtime Pasadena resident said he became aware of the scam after a mortgage lender who had befriended him used his personal information to purchase two homes in Georgia unbeknownst to him.

“I went to purchase a used car in El Monte last July,” said Brown, 60, sitting in the dining room of his modest Pasadena home. “When they ran the credit check, I found out there are loans in my name on two houses in Georgia.”

Embarrassed and uninformed as to how to handle the problem, Brown said he has yet to contact police and avoids calls from creditors at Washington Mutual and other financial services corporations asking for payment on the notes.

“I told them I had no part in stealing the money,” said the retiree, who spent 27 years in the shipping and receiving department of a local Vons market. “I just want to get through this and come out the way I was before.”

Various types of identity fraud, ranging from bait-

and-switch scams, pyramid schemes, variable annuity sales, online escrow fraud and charity scams, are perpetrated against seniors each year - and are continually evolving, according to experts.

In 2005, there were 8.9 million identity theft cases reported nationally, with about 1 million of those in California, said Melanie Bedwell of the Department of Consumer Affairs.

Seniors are especially vulnerable, according to Petra Niles, director of the Elder Abuse Prevention Program at Wise Senior Services in Santa Monica.

“On a day-to-day basis, we get several calls on all kinds of cases,” said Niles. “This is happening all over the state.”

Niles said it is common for perpetrators to build relationships with numerous seniors, all the while testing for those who may be easy prey for a tried-and-true scam. Continue Reading »

“But he that filches from me my good name/Robs me of that which not enriches him/And makes me poor indeed.” - Shakespeare, Othello, act iii. Sc. 3.

The short answer is that identity theft is a crime. Identity theft and identity fraud are terms used to refer to all types of crime in which someone wrongfully obtains and uses another person’s personal data in some way that involves fraud or deception, typically for economic gain. These Web pages are intended to explain why you need to take precautions to protect yourself from identity theft. Unlike your fingerprints, which are unique to you and cannot be given to someone else for their use, your personal data ­ especially your Social Security number, your bank account or credit card number, your telephone calling card number, and other valuable identifying data ­ can be used, if they fall into the wrong hands, to personally profit at your expense. In the United States and Canada, for example, many people have reported that unauthorized persons have taken funds out of their bank or financial accounts, or, in the worst cases, taken over their identities altogether, running up vast debts and committing crimes while using the victims’s names. In many cases, a victim’s losses may include not only out-of-pocket financial losses, but substantial additional financial costs associated with trying to restore his reputation in the community and correcting erroneous information for which the criminal is responsible.

In one notorious case of identity theft, the criminal, a convicted felon, not only incurred more than $100,000 of credit card debt, obtained a federal home loan, and bought homes, motorcycles, and handguns in the victim’s name, but called his victim to taunt him — saying that he could continue to pose as the victim for as long as he wanted because identity theft was not a federal crime at that time — before filing for bankruptcy, also in the victim’s name. While the victim and his wife spent more than four years and more than $15,000 of their own money to restore their credit and reputation, the criminal served a brief sentence for making a false statement to procure a firearm, but made no restitution to his victim for any of the harm he had caused. This case, and others like it, prompted Congress in 1998 to create a new federal offense of identity theft.

http://www.usdoj.gov/criminal/fraud/websites/idtheft.html#whatis