What to do if your Wallet is stolen

  1. Please note, I am not the author of this, this was info was sent to me and it sounds like good advice, so I am just passing it on.


    We've all heard horror stories about fraud that's committed us in
    your name, address, SS#, credit, etc. Unfortunately I (the author of this piece who happens to be an attorney) have firsthand knowledge, because my wallet was stolen last month and within a week the thieve(s) ordered an expensive monthly cell phone package, applied for a VISA credit card, had a credit line approved to buy a Gateway computer, received a PIN number from DMV to change my driving record information online, and more.

    But here's some critical information to limit the damage in case
    this happens to you or someone you know. As everyone always advises, cancel your credit cards immediately, but the key is having the toll free numbers and your card numbers handy so you know whom to call. Keep those where you can find them easily. File a police report immediately in the jurisdiction where it was stolen, this proves to credit providers you were diligent, and is a first step toward an investigation (if there ever is one).

    But here's what is perhaps most important: (I never ever thought
    to do this) - Call the three national credit reporting organizations
    immediately to place a fraud alert on your name and SS#. I had never heard of doing that until advised by a bank that called to tell me and application for credit was made over the Internet in my name. The alert means any company that checks your credit knows your information was stolen and they have to contact you by phone to authorize new credit. By the time I was advised to do this, almost 2 weeks after the theft, all the damage had been done.

    There are records of all the credit checks initiated by the thieves' purchases, none of which I knew about before placing the alert. Since then, no additional damage has been done, and the thieves threw my wallet away this weekend (someone turned it in). It seems to have stopped them in their tracks.

    The numbers are:

    Equifax: 1-800-525-6285

    Experian (formerly TRW): 1-888-397-3742

    Trans Union: 1-800-680-7289

    Social Security Administration (fraud line): 1-800-269-0271

    We pass along jokes; we pass along just about everything. Do
    think about passing this information along. It could really help someone.

    Please note, I am not the author of this, this was info was sent to me and it sounds like good advice, so I am just passing it on.
  2. 2 Comments

  3. by   CEN35
    never really thought about all that stuff Brian.

  4. by   NRSKarenRN
    Had my wallet stollen AT WORK three weeks ago. I reported it to the police and followed up with all of the above expect SS fraud line. They will be contacted tomorrow. This info is correct per conversaion with police.

    No credit card except MAC needing pin was in the wallet, lost my 3 nursing licenses and was told to report to the state BON also. No activity on my MAC.

    Wallet was returned with few pieces: drivers license, CPR card and few photos two weeks later turned in at a bar 10 miles from work.

    Always learn something new here with each visit.