 |
|
|
|
Information on mortgages, home equity loans, and consumer credit to help you use the power of financing to your advantage.
|
|
|
|
|
Untitled Page
|
|
|
Untitled Page
|
|
|
|
Credit Cards > Consumer Protection
Credit Card Fraud
"Dead Man Walking" was the title of a movie, but it's also the nickname for a man arrested by the Postal Inspectors.
Using a bizarre twist on mail fraud and credit card fraud, Michael Dantorio was accused of using personal information from at least 17 deceased individual across the country to acquire credit cards in their names, resulting in fraudulent charges over $60,000. Hence his nickname, "Dead Man Walking."
The scheme relied on the use of several private mailboxes. He filed false changes of address for the deceased individuals and directed the credit cards to his private mailboxes. Once he received the cards, he lost no time in running up huge charges.
If you have recently lost a loved one, be on the look-out for crooks who try to take advantage when you are most vulnerable.
The tips on this website should be considered food for thought only. Lendingtips.com is a clearinghouse of ideas, not a professional adviser. Before any important decision, please consult the appropriate professionals (lawyer, accountant, real estate agency, broker etc.).
|
|
 |
• Credit Cards > Consumer Protection Archive
• Credit card payoff Use this calculator to see what it will take to payoff your credit card balance, and what you can change to meet your repayment goals.
|
|
|
|
| ©2005 Lendingtips.com All rights reserved. |
|
|
Lendingtips.com 464 Oak Avenue Naples, FL 34108
Phone (239)877-7835 Fax (239)594-5686
|
|
|
|
|
