qa in-the-wallet

ME&ME Exclusive Interview with Jay Foley

  • Posted on April 9th, 2007
  • |
  • Q&A In The Wallet

How did you become such a crusader and advocate for Identity theft victims?
In 1997 my wife became a victim of identity theft when her employer stole her identity. During the 18 month clean up we discovered the truly staggering amount of bad information that was being provided to victims. We started the center to provide a place for victims to get correct information and guidance in dealing with the various players involved.

What is the mission of the Identity Theft Resource Center?
Our aim it to provide best in class assistance and guidance to victims of identity theft from both camps. The individuals whose identity has been used as well as the company that is out goods or services. We also provide up to date information on the new trends and patterns of this crime for all parties. We aim to build a cooperative team for dealing with this problem. 

What are the most common forms of identity theft happening today?
Credit card fraud is still the most prevalent form of identity theft. Much of the credit card fraud is based on suspected card skimming operations. Following that is the ever popular new account fraud, Account take over and the ever fun counterfeit check schemes.   

With digital technologies making it easier for criminals to steal identities, do you ever see it going away?
Not likely. As each new technology is brought on line to combat one area of the problem the thieves are already working on the next new loop hole in the system. This will be a continuous fight to catch up as well as to create the perfect system. That said there is no such thing as a perfect system.

What is the most important tip in preventing ID theft that you can share?
Beware of the potential problems that may pop up in normal day to day life that can expose your information to the eyes of a thief.

This entry was posted on Monday, April 9th, 2007 at 9:06 pm and is filed under Q&A, In The Wallet.

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