identity theft the nation’s fastest growing crime

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Identity Theft The Nation’s Fastest Growing Crime

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Page 1: Identity Theft The Nation’s Fastest Growing Crime

Identity Theft

The Nation’s Fastest Growing Crime

Page 2: Identity Theft The Nation’s Fastest Growing Crime

•Estimated 700K victims per year (Justice Department)

•1997 consumers lost $745 million

•3,000 calls a week to FTC Identity Theft theft hotline

How Common Is Identity Theft?

Page 3: Identity Theft The Nation’s Fastest Growing Crime

•Identification Fraud

•Credit Card Fraud

•Computer Fraud

•Mail Fraud

•Phone/Utility Fraud

Schemes to Commit

Identity Theft

•Financial Institution Fraud

•Employment Related Fraud

Page 4: Identity Theft The Nation’s Fastest Growing Crime

•Thieves get your Social Security Card

•Thieves get your financial data

•Thieves assume your identity

•Thieves make fraudulent credit charges

How Does Identity Theft

Occur?

Page 5: Identity Theft The Nation’s Fastest Growing Crime

•Thieves get loans and open bank accts

•Thieves write bad checks on your acct

•Thieves commit crimes in your name

•Thieves work in your name

How Does Identity Theft

Occur?

Page 6: Identity Theft The Nation’s Fastest Growing Crime

•Fraudulent credit card charges

•Fraudulent vehicle purchases & home loans

•Average $18K loss per victim

Consequences for Victims

Page 7: Identity Theft The Nation’s Fastest Growing Crime

•Pre-Paid Legal Services Inc.–pioneer in legal services

•Kroll Inc – world’s leading independent risk consulting company

Identity Theft Identity Theft ShieldShield

Page 8: Identity Theft The Nation’s Fastest Growing Crime

Four Basic ServicesCredit Reports – monitored on your

behalf by Kroll Inc.Regular Monitoring of Credit

ActivitiesIdentity Theft RestorationInsurance

See Product Contract for more information

Identity Theft Identity Theft ShieldShield

Page 9: Identity Theft The Nation’s Fastest Growing Crime

On average victims spend more than 175 hours and $1,500 in out-of-pocket expenses to clear their names. (Privacy Rights Clearinghouse and FTC)

$9.95 covers both the member and the member’s spouse.

See Product Contract for more information

Identity Theft Identity Theft ShieldShield

Page 10: Identity Theft The Nation’s Fastest Growing Crime

THE COMPENSATION

Executive Director

Director

Manager

Senior Associate

Associate

$90.90 $16.20

$74.70

$62.65

$49.80

$37.35

$12.45

$12.45

$12.45

Personal Sales Advance Bonus Override Advance$249.00

Investment

Advanced Commissions on the $12.95 IDT SHIELD

Page 11: Identity Theft The Nation’s Fastest Growing Crime

THE COMPENSATION

Executive Director

Director

Manager

Senior Associate

Associate

$168.47 $30.00

$138.47

$115.39

$92.31

$69.24

$23.08

$23.08

$23.08

Personal Sales Advance Bonus Override Advance$249.00

Investment

Advanced Commissions on the $24 Family Plan

Page 12: Identity Theft The Nation’s Fastest Growing Crime

THE COMPENSATION

Executive Director

Director

Manager

Senior Associate

Associate

$238.32 $42.44

$195.88

$163.23

$130.58

$97.95

$32.65

$32.65

$32.65

Personal Sales Advance Bonus Override Advance$249.00

Investment

PPL MEMBERSHIP and IDENTITY THEFT SHIELD

$24 PLAN

WITH

$9.95 ID

THEFT SHIELD

$24 PLAN WITH $9.95 ID THEFT SHIELD