ICFE eNEWS #07-09 - May 31st 2007
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ICFE Certified Identity Theft Risk Management Specialist,
Johnny May Teaches First Ever College Level Identity
Theft Prevention Courses at Michigan Colleges

San Diego, CA. - The crime of identity theft is a widespread and growing problem that has caught the attention of the media. Generally overlooked, however, in the ensuing publicity was an interesting piece of demographic information, the Federal Trade Commission found in recent studies that young people in the 18-29 age group experienced the highest levels of victimization, comprising 31 percent of the total thefts.

When Javelin Strategy and Research co-released its 2006 Identity Fraud Survey Report with the Better Business Bureau, it revealed the number of US adult victims of identity fraud decreased by a half million over 2005, but the total one year fraud amount rose to $56.6 billion and a fraud amount per fraud victim of $6,383.

These statistics are included in a new college level identity theft prevention course developed by Johnny May of Bloomfield Hills, MI., an independent security consultant, trainer and the author of "Johnny May's Guide to Preventing Identity Theft" May teaches the courses to students at two Michigan colleges, Madonna University (Livonia, Michigan) and Henry Ford Community College (Dearborn, Michigan).

"How often does a young person order a credit report? I think the mind-set is they don't have anything worth losing", said Johnny May. "A lot of them work part time or for minimum wage, some don't work at all." "The reality is this makes it easy for identity theft to occur and the identity can be used for a long time without the victim's knowledge".

In a 2004 Summit on Protecting Teens from Identity Theft, one of the recommendations was for both high schools and colleges to integrate identity theft awareness and prevention techniques in to their curriculums. "Young people are extremely susceptible to identity theft, for this reason they need to be educated on this topic," May said.

Mr. May, who obtained his ICFE Certified Identity Theft Risk Management Specialist (CITRMS) certification in April 2007, has also developed a new identity theft prevention and awareness training program which is geared at college students and high school juniors and seniors. Mr. May's web site is: IdentityTheftInfo.com.
 

About the ICFE:

The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation).  The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. 
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org).  CASDRAP disbanded in 2010, shortly after the web site project was completed.  In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.

The ICFE is also an on-line help for consumers who spend too much.  ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.

Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org.  Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G,  a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.

 
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