Does LifeLock Charge Extra To Coerce Suspected Identity Thieves?

from the smooth-move dept

LifeLock, a company that sells some identity theft protection services that consumers could get for free, got some bad press last month. Not only did it come out that one of the company's founders had allegedly stolen personal information from customers of another business he owned, it was also disclosed that LifeLock's services failed to protect the company's CEO from identity theft. A man in the Dallas area used the CEO's social security number -- which is prominently displayed in LifeLock's marketing materials -- to obtain a $500 loan, and police were waiting to get some subpoenaed information when the CEO took things into his own hands. He showed up at the fraudster's house with a film crew, and apparently coerced a confession out of the guy, who police say is mentally disabled. The confession is legally worthless, and police and prosecutors say it's tainted the case, so they're not going to proceed with their investigation, and have no plans to arrest the suspect. So, it would appear, that not only do LifeLock's anti-identity theft measures not work, the company also manages to bungle the prosecution of identity thieves.

Filed Under: identity theft
Companies: lifelock


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  1. identicon
    David R.W. Wadsworth, 2 Mar 2008 @ 3:08pm

    Re: Identity Theft Restoration

    I was recently the victim of identify theft but I had pt on a Fraud Alert a couple months go and the Internet Cash Transfer company called to confirm. I saved $20,000. But the Police have been as worthless as tits on a boar. I gave them all the information two days later but the have failed to investigate the charges to my credit cards or even subpeona the info from the merchants. I can not do it. The police MUST!

    Granted, it only took me a few hours to call everyone I needed to call and resport the theft but as I get older and stupider, I'm easily swayed by unscrupulous people.

    Thanks for being there!

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