You Can't Shame the Shameless

Identity Theft continues to be a major concern of the banking agencies and the public.  The scammers are constantly developing new ploys to entice consumers to give them personal information.  Some of the most brazen schemes this spring have been e-mails to financial institutions and to their customers, purporting to come from FDIC and to invite participation in an anti-fraud scheme that requires downloading a new program.  Right!

Check out several warnings from FDIC (the real FDIC, that is):  http://www.fdic.gov/consumers/consumer/alerts/index.html

A note to Banking Law Profs:  One of the paper topics my students have been most intrigued by in the last couple of years is "Identity Theft - What Can Law and Regulation Do About It?"

(ag) May 28, 2007, in Identity Theft