Word: theft
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...million annually. The push is on to convert reluctant boomers before the oldest reach early-retirement age, in 2008. Even if saving the government money isn't top of mind, direct deposit makes sense for Social Security and more. It's easier, and the funds are less vulnerable to theft. "Direct deposit gives you far greater control over your money and time than waiting for a paper check to arrive each month," says Richard Gregg, commissioner of the Treasury's Financial Management Service. "Come payment day, you know your money will be safely in your account--on time, every time...
...approval ratings are near all-time lows in the U.S.?and the Administration desperately needs to show some progress on trade when Hu arrives late next month. In particular, the Administration would like to see China come up with more substantive proposals to crack down on intellectual-property theft, and seeks evidence that Beijing is abiding by its wto commitment to open up key markets such as telecommunications to participation by U.S. companies...
...Officers took note of the theft of a wallet and Compaq laptop computer at Canaday Hall last Sunday, March 12. The stolen items were valued...
...believe you have been a victim of identity theft, federal law allows you to place a fraud alert on your credit report for 90 days, legally compelling lenders to ask tougher questions to verify an applicant's identity. A company called TrustedID this week launches a new $7.95-a-month service to handle all the paperwork, every 90 days, to keep an alert on your file always. "The bureaus are inherently conflicted, wanting to sell information that needs protecting," says TrustedID co-founder Scott Mitic. The bureaus, not surprisingly, recommend buying different protection in the form of their monitoring services...
Consumers Union, publisher of Consumer Reports, is campaigning for everyone to have the right to freeze credit reports so that the bureaus can't provide your information to anyone without your O.K. Thirteen states have passed freeze laws (although in some states the option is available only to ID-theft victims), and 23 others are considering freeze legislation. Federal measures to protect financial data will be discussed this week by Congress...