You knew this was coming...

[Agnlaw]

ID-protection ads come back to bite pitchman

"...Davis acknowledged in an interview with The Associated Press that his stunt has led to at least 87 instances in which people have tried to steal his identity, and one succeeded: a guy in Texas who duped an online payday loan operation last year into giving him $500 using Davis' Social Security number...."

http://news.yahoo.com/s/ap/20080522/ap_on_hi_te/identity_fraud_flap

:laugh:

[Dustin00whoop]

Props to Polish:

http://www.aggiefans.com/forums/showthread.php?t=28059&highlight=LIFE+LOCK

[aggie1997]

I read the story this morning on CNN and couldn't help but laugh all the way through it. Sounds like he better find a new scam to start promoting because that one has now been exposed.

:laugh:

[Vlyrock]

Props to Polish:

http://www.aggiefans.com/forums/showthread.php?t=28059&highlight=LIFE+LOCK
I don't understand the props. Did you link the right thread?

[Pumchavas28]

He does have a $1 Million dollar gaurantee....

[Dustin00whoop]

I don't understand the props. Did you link the right thread?

He came out & said that what Life Lock does is something that anyone could do. Until this week, Life Lock never admitted that was the case. Now they have.

[Pflugerville Ag]

Until this week, Life Lock never admitted that was the case. Now they have.

That is not entirely true. They always said that they would take care of it for you, not that you couldn't do it yourself. Most people just don't want to take the time to do it.

[polish]

That is not entirely true. They always said that they would take care of it for you, not that you couldn't do it yourself. Most people just don't want to take the time to do it.

"Gerhold was attracted by LifeLock's $1 million guarantee against any damages resulting from breaches that occur under the company's watch. In actuality, once you get beyond the numerous legal limitations and disclaimers, the policy really only guarantees that LifeLock will investigate how to fix its failure," Grubb said in a news release. "The subscriber receives no monetary recompense and no guarantee that their reputation and credit status will be restored."


The suit also traces what it calls the "nefarious origin" of the company, including the background of Robert J. Maynard Jr., who co-founded the company with Davis in 2005.
"Upon information and belief, Maynard developed the idea for LifeLock while sitting in a jail cell after having been arrested for failure to repay a $16,000 casino marker taken out at the Mirage Hotel in Las Vegas," the suit states.

Maynard was sanctioned by the Federal Trade Commission because of misleading infomercials for National Credit Foundation, a separate credit-improvement company, according to the suit.

The suit also maintains that Maynard stole his father's identity by using his information to get an American Express card, which he used to rack up more than $100,000 of debt.

http://www.wvgazette.com/News/200805172662?page=2&build=cache

Yeah thats the guy I want to watch out for my credit :laugh:

Good one :laugh: