When a lady’s wallet was stolen at a mall, she reported the incident to mall security. Soon after she arrived home, mall security called to say they found her wallet: the cash was missing but her personal papers weren’t.
Upon reaching the mall security office she was told that they hadn’t called her. By the time she returned to her home it had been burglarized. The thieves calculated how long it would take to reach the mall and return home, giving them plenty of time to loot her home. Ouch!
Within a week after an attorney had his wallet stolen the thieves had obtained a credit line, applied for a VISA card and more. As a result of this painful experience, he offers these suggestions to limit the damage if this ever happens to you or someone you know:
- Cancel credit cards immediately. Make sure you have all the card account and toll-free phone numbers easily accessible.
- File a police report in the jurisdiction where your credit cards were stolen. This proves to credit providers you were diligent in the investigation.
- Call the three national credit reporting organizations and immediately place a fraud alert on your name. This way any company checking your credit will be told about your problem and will contact you by phone to authorize new credit.
- Call the Social Security fraud hotline and alert them to potential misuse.
A few days after the lawyer called the credit reporting companies and the Social Security office, the thieves threw his wallet away and moved on.
We suggest you keep these phone numbers with your credit card account and
TransUnion: 1-800-680 7289
Social Security Administration (fraud hotline): 1-800-269-0271