ABSTRACT

Serial No. 106-16: Identity Theft: Is There Another You?: Joint Hearing before the Subcommittee on Telecommunications, Trade, and Consumer Protection and the Subcommittee on Finance and Hazardous Materials of the Committee on Commerce, House of Representatives, One Hundred Sixth Congress, First Session, April 22, 1999   [open pdf - 299KB]

On April 22, 1999, the House of Representatives Subcommittee on Telecommunications, Trade, and Consumer Protection and Subcommittee on Finance and Hazardous Materials of the Committee on Commerce convene to discuss Identity Theft. Testifying are Charles Albright of Household International, Inc., Robert Anderson, Joan Bernstein of the FTC, and Barry Connelly of the Associated Credit Bureaus, Inc. Chairman Tauzin explains that "Today's hearing is on identity theft--how it occurs, whether the anti-fraud laws are being enforced properly, and what can we do to help innocent people clean up their credit records after they have been victimized by an identity theft criminal." He asks "For example, what responsibility should be shared by the companies which granted the improper credit, especially to notify the appropriate organizations of potential fraud and suspend any payment claims? What responsibility should credit bureaus have to verify identity theft and to help clean up a credit report, notify all of the creditors?" Mr. Oxley notes that "Today we will learn how a finance company that is a credit card issuer tackles the thorny issue of identity theft. After all, the card issuer generally absorbs the lion's share of the bad charges run up by an identity thief."

Report Number:
Serial Number 106-16
Publisher:
Date:
1999-05-22
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
URL:
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