I discovered on Friday that I am a victim of identity theft. Some jerk bought plane tickets from Southwest Airlines using my bank check-card. There is a lot of work and headache associated with this! I am very lucky my bank has been awesome to work with.
I want to take the time to encourge all of my readers to pull their credit report, look at all of your statements, and take a look at Detect Identity Theft from the Federal Trade Commission.
Improve With Me 
Hey Brian:
Sorry to hear about the identity theft. I hope they catch that crook. I will also get my credit report to see what actually is happening.
-Karthik
I feel your pain….same here…mine is well I’m sure you know……
Why aren’t banks secure?
The whole idea behind keeping your money in a bank vs. in your mattress is that a bank is secure. The banks are FDIC insured for accounts up to $100,000.00 which is higher now due to the economy. The issue these days is that we are getting our identity stolen right at the bank. Here is an example below of one who had over 200 accounts opened up under his name and a huge amount of cash…yes I said cash taken out of his account without having to verify a valid ID.
What is the answer? Do we keep our money in the mattress? Do we make the courts do something? Tell me your thoughts…..
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