What is Filings and Registrations Fraud?

What is Filings and Registrations Fraud? - TJ Woods - Worcester, MAIdentity theft is a well-documented danger to individuals of all walks of life. However, thieves have begun focusing their attention on businesses wherever possible. Not only is it easier to slip large purchases past large companies, their information is often easier to access. One of the ways thieves can access it is by committing “filings and registrations fraud.”

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How to Recover From Business Identity Theft

If your business has become the victim of business identity theft, you need to take immediate action. If you suspect your business has had its identity compromised you should still act immediately to safeguard your assets and determine if you are, in fact, the victim of business identity theft. Criminals who have stolen your business’ identity know that these breeches are usually discovered quickly, so they try to gain as much profit as possible before their scam gets shut down. [Read more…]

Business Identity Theft: Mirroring

Business identity theft is a growing crime. Business identity theft can be easy, low-risk, and very lucrative, making it extremely appealing to interested criminals. There are many different business identity theft schemes that criminals will use to scam businesses out of their hard earned money. It is important for business owners to be aware of these schemes to know what to look out for and how to avoid business identity theft. [Read more…]

Business Identity Theft: EIN Tax Fraud

With Tax season in full bloom, criminals are turning their focus toward financial crime. With the IRS refunding money to millions of people, criminal types are eager to get their illegal piece of the pie. Tax fraud is safer than breaking and entering or other traditional and this “white collar” crime is actually more profitable. Individuals and businesses alike need to be on high alert to guard against financial fraud and the identity theft which usually enables it. [Read more…]

Business Identity Theft: Depositors Forgery Insurance

Identity theft is no longer only a consumer crime. Thieves have learned that businesses also have identities that can be stolen. From a criminal’s perspective, it is significantly more cost-effective to steal business identities than consumer identities. Businesses have bigger bank accounts, higher credit limits, and large purchases go undetected more easily. Thieves are targeting businesses for quick and easy profit, and unsuspecting businesses can be very easy targets. It is a serious risk and you need to know the facts and how to protect your business, before it becomes the next victim. [Read more…]