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Identity theft occurs when someone uses your name or other personal information, such as your social security number or utility information, without your permission to commit fraud. Identity thieves could use this information to open a new account or alter an existing one. Identity theft can result in damage to your credit rating and even deny you electric service.
For your protection, LCEC requires additional information to help guard your identity. This measure is in accordance with federal regulatory requirements within the Fair and Accurate Credit Transactions Act of 2003 (FACTA), also known as Red Flag regulations. The ultimate goal of the national Red Flag Program is to reduce the billions of dollars individuals and businesses lose to identity theft each year.
The LCEC Red Flag Program is designed to help combat identity theft on new and existing accounts. We are committed to maintaining compliance with the Red Flag regulations to help ensure that we’re doing everything possible to protect our customers from identity theft and possible fraud.
For more information about identity theft visit the Federal Trade Commission website.
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