Identity theft and identity fraud are terms used to refer to all types of crime in which someone wrongfully obtains and uses another person’s personal data in some way that involves fraud or deception, typically for economic gain.

Identity Theft occurs when someone assumes your identity to perform a fraud or other criminal act. Criminals can get the information they need to assume your identity from a variety of sources. They may approach you in person, by telephone or on the internet and ask for personal information. The sources of information about you are so numerous that you cannot prevent the theft of your identity. But you can minimize your risk of loss by following a few simple tips. (See Tips to Protect your Identity.)


Stealing wallets and purses containing your identification and credit and bank cards; lighten your wallet.

Skilled identity thieves use a variety of methods to gain access to personal data. Thieves get personal information by:

  • Completing a “change of address form” to divert your mail to another location
  • Stealing mail, including bank and credit card statements, pre-approved credit offers. Rummaging through trash for personal data is a practice known as “dumpster diving”.

If your debit card is lost or stolen, please call or visit your local banking center. If this occurs after our normal business hours, please call 1-800-264-4274 select option 3 then option 1.

If your credit card has been lost or stolen, please call 1-800-876-9119 select option 1, then option 1 again.

Protect yourself from fraudulent charges and please call immediately upon discovering your card missing.




  • Never throw away ATM receipts, credit statements, credit cards or bank statements in a usable form.
  • Do not carry your Social Security card in your wallet.
  • Never give your credit card number over the telephone unless you make the call.
  • Reconcile your bank account monthly, and notify your bank of discrepancies immediately.
  • Keep a list of telephone numbers to call to report the loss or theft of your wallet, credit cards, etc.
  • Report unauthorized financial transactions to your bank, credit card company, and the police as soon as you detect them.
  • Review a copy of your credit report at least once each year. Notify the credit bureau in writing of any questionable entries and follow through until they are explained or removed.

You can review your free credit report at www.annualcreditreport.com/cra/index.jsp

If your identity has been assumed, ask the credit bureau to print a statement to that effect in your credit report.



Fighting Back Against Identity Theft

“Don’t Be an Online Victim”

Deter. Detect. Defend. Avoid ID Theft


Counterfeit Check Scams: As you will notice, while the scenarios in which the victim is roped in are different and often change and evolve; the final part of these scams are all the same. The victim receives a counterfeit check and is asked to forward the funds outside the U.S. via Western Union, Money Gram, or other forms of money transfer services.

  • “Lottery Winner” Scam
  • “Work From Home” Scam
  • “Mystery Shopper” Scam
  • “Nigerian 419” Scam
  • “Inheritance” Scam
  • Internet Auction Scams
  • Charitable Organization Scams
  • “Lonely Hearts” Scam

Dumpster Diving: They rummage through trash looking for bills or other paper with your personal information on it.

Skimming: They steal credit/debit card numbers by using a special storage device when processing your card.

Phishing: They pretend to be financial institutions or companies and send spam or pop-up messages to get you to reveal your personal information.
The Bank of Kentucky will never send an email requesting personal information; contact your local office with any questions.

Changing Your Address: They divert your billing statements to another location by completing a change of address form.

Old Fashioned Stealing: They steal wallets and purses; mail, including bank and credit card statements; pre-approved credit offers; and new checks or tax information. They steal personnel records, or bribe employees who have access.

Pre-texting: They use false pretenses to obtain your personal information from financial institutions, telephone companies, and other sources.

To learn more about the different types of scams and how to prevent them visit: www.lookstoogoodtobetrue.com