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Federal customs agents seized 20 high-end stolen vehicles at the Los Angeles/Long Beach Seaport. Bound for Asia, the vehicles were leased by several dealerships to smugglers using false identifies.
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A new study of identity theft cases filed by depository institutions revealed a shift among identity thieves away from credit card fraud toward consumer loan fraud. However, the data also showed that identity thieves are having a difficult time with auto and mortgage loans and now have their sights on student loans.
Read More →Experian introduced several improvements to ProtectMyID.com, a consumer identity theft detection, protection and fraud resolution product. The compliance solution now offers notification alerts and Internet scans for potential fraudulent use of personal information.
Read More →LOTSolutions, a provider of financial products and solutions, partnered with Shriners International to offer its members identity theft protection, entertainment discounts, and legal, medical and tax assistance.
Read More →Software provider DealerTrack Inc. today announced the addition of “ID Alerts,” a free enhancement to its credit application network that will help dealers reduce the risk of identity theft and fraud by flagging abnormal patterns in credit applications.
Read More →Tri-PAC, a provider of auto and powersports products and services, partnered with TransUnion to provide restoration and recovery services to automotive dealers and their customers when they become victims of identity theft.
Read More →The Red Flag Rule will definitely be a hot topic at this year's National Automobile Dealers Association (NADA) convention. Here are a few questions to help you find the right solution.
Read More →Before you start searching for the finalized document on the Red Flag Rule, understand that it's 256 pages.
Read More →Dealers will need to know how to react when a red flag is raised, and will have to document each situation.
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