January: Prime Month for Mail Theft and Identity Fraud
Dec 23, 2010
Checking the mail in December is typically a pleasant experience, filled with holiday cards and packages. Then comes January. Besides the Christmas bills, mailboxes begin to overflow with W-2s, 1099s, statements from financial institutions, and IRS forms. It's no wonder John Ulzheimer, president of consumer education for Smartcredit.com, calls January the most dangerous month for mail. "January is a high-value month for thieves," he said. It's particularly easy for thieves to dip into someone's mailbox, take the envelopes, and gain all the information needed to steal someone else's identity. How to best protect mail, short of meeting the mail carrier at the mailbox each day, is a significant challenge. You shouldn't stop your mail because many items are time-sensitive. Creating an alternative delivery destination, like a P.O. box, could cause more trouble than it's worth, said Ulzheimer. The first step is to know what tax-related statements you s...