LANSING— Nationwide, as many as five million seniors become victims of financial abuse each year, crimes that often include identity theft and fraud. To help area residents protect themselves, state Sen. Mike Green and Attorney General Bill Schuette’s Senior Brigade are hosting a senior citizen identity theft seminar on Friday, May 9, in Cass City.
“Identity theft is a constant threat to everyone, especially senior citizens,” said Green, R-Mayville. “This seminar will provide them with information on preventative steps that can be taken to avoid becoming a victim and how to minimize the impact on your life when you’ve been targeted.”
Green said that identity theft occurs when someone uses an individual’s name, Social Security number, credit card number or any other personal identifying information to commit fraud. The culprit could tamper with someone’s finances, open credit accounts, get a driver’s license or rent an apartment in the victim’s name.
“The sky is the limit once someone steals your identity,” Green said. “They can do something as simple as opening up a line of credit or something as complicated as declaring bankruptcy, using someone else’s name to launder money or commit other crimes – all in your name.”
The seminar will take place on Friday, May 9, at the Rawson Memorial Library, 6495 Pine St, Cass City, from 2:00 -3:00 p.m. RSVP’s are not required and there is no cost to attend.
The event in Cass City will include presentations by representatives of Attorney General Bill Schuette and Chanda Booms, senior vice president and bank Secrecy act officer at Signature Bank. Booms will be talking about how banks experience the growing problem involving their customers and what financial institutions do to help prevent ID theft.
More information is available by contacting Green’s office at (866) 305-2131 or via his website at www.StateSenatorMikeGreen.com.