2 Signs That Spell Identity Theft Scams

The most common and dreadful financial scams are connected today to identity theft. In order to protect yourself from identity theft scams you need to be aware about the telltale signs that point to this fact. Here are two sure signs that should put you on red alert:

1. You are finding small but recurring charges to your account that you cannot explain. Most people attribute these mystery charges to various bank fees. However, this is a sure sign that your account has been compromised and someone is drawing funds from your account on a regular basis.

2. Urgent sounding email messages or phone calls that inform you that your bank account or credit card account has been compromised and in order to stop the fraud they needed your name, date of birth and/or password. Never provide your user id, personal information and/or password; ask for details of the bank or credit card provider and inform them you will provide the information in person.

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