Did you know that fake ID’s and stolen identity documents can be purchased on line for as little as $100?
If you lose your wallet or purse, you could get lucky and hope an honest soul finds it and returns it to you!
Or it may be stolen — with the intention of creating a fake ID to sell on the Internet, or using your credit cards to purchase things—both of which amounts to “identity theft.”
Here are 7 things to do if your wallet goes missing in action:
- Call your credit card companies. Report when you first noticed it missing. The last time you used the cards. The dollar amount of the last purchase made.
- Cancel your credit cards.
- Notify the Department of Motor Vehicles. To get a replacement driver’s license, you usually have to bring in two forms of ID.
- File a police report. Keep a copy of the report in case you need to prove that the credit card purchases were unauthorized.
- If your passport is missing, report it to the State Department: 877-487-2778.
- If your Social Security card is missing, report it to the Inspector General: 800-269-0271.
- Notify the credit bureau and place a free, 90-day “Fraud Alert,” where you will be notified if anyone tries to open a new account using your Social Security number.
The average amount of fraud is $5,720 per victim. Unless you made the telephone call to apply for credit, never give out your info by email or telephone to people who are “posing” as a bank rep or a government agency. They ALREADY have your personal info so you don’t need to give it to them again.
Oh, and one last thing. Never carry your Social Security card in your wallet!