Friday, May 8, 2015

Teachers Victims of ID Theft Fraud Scam

A licensed insurance agent in California has pleaded guilty to identity theft after bilking over $200,000 in commissions from an insurance company.

Using teachers' identities that she probably obtained from an agency's computer system when they applied for annuities, the woman then moved to another agency and submitted fraudulent applications for new annuities.

"These teachers applied for annuities through that other agency, and when she moved on, she submitted the fraudulent applications for new annuities."
- Suda Rajender, prosecuting attorney
Although school employees did not lose any money in the scheme, the district attorney’s office said 55 teachers were victims of identity theft.
Learn how to proactively detect identity theft and unauthorized breaches of data privacy, even by authorized users - with no hardware and no on-site software.
Sources:
(a) Nine Lodi teachers fall victim to insurance fraud scam - www.LodiNews.com, 04/12/2015

No comments:

Popular Posts

Copyright © 2010-2011 by Veriphyr Incorporated, All Rights Reserved.

Contact us at Veriphyr.com.