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Maybe not 'financial loss' but my encounter with identity theft cost me around 350 hours of labor to resolve. And I know I wrote 'resolve' but quite frankly the
by jabroni_salad 3y ago
Maybe not 'financial loss' but my encounter with identity theft cost me around 350 hours of labor to resolve. And I know I wrote 'resolve' but quite frankly there is no end point. Checking the mailbox continues to be a stressful part of the day because it can come back anytime.
Generating paper trails, arguing with call center people, waiting in line at the courthouse, etc. And that's just what I tracked for myself, not other related people like clerks and bankers that needed to research my case.
While I was swimming in that circle I heard about people who suddenly found warrants out for their arrest and shit, too. Don't let other people do fraud with your name, fraud is a crime and the man wants to nail someone for that crime.
Also protip: If you aren't with a 'dedicated internet bank', then change banks to somewhere local after you move. I thought I was sitting pretty with PNC's special out of market HYSA rates until they decided they needed me in their branch which was not very convenient since the nearest branch is about 400 miles away. This turned out not to be a very good security boundary because they also told my thief to come to the branch, and he did and got everything squared away for himself. Still resulted in PTO usage for no good reason on my end.