By Dan Bechtold, Editor
It is important for persons to protect themselves from fraud and identity theft.
Last Tuesday afternoon the Winner Area Chamber of Commerce hosted a luncheon as 30 people listened to advise on how to protect their identity.
Chad Vetter, Aberdeen, Wells Fargo at Work program consultant, was the speaker.
Wells Fargo of Winner provided the speaker for the luncheon. The goals of the presentation was to raise awareness of exactly how personal information can be stolen and learn how identity thieves operate.
Vetter explained that there is a difference between identity theft and identity fraud.
In theft, thieves use stolen personal information, such as Social Security number or bank account number, to open accounts or initiate transactions in another person’s name.
Identity fraud is usually limited to an isolated attempt to steal money from an existing account, such as charging on a stolen credit card.