Saturday, January 06, 2018
People with trusts might have to be careful when in their own name, if someone makes an fraudulent id-based claim and judgment; is overseas debt a risk?
Every few days I get an email with a spoofed sender address
that purports to claim some stuff was bought using my iCloud signon. Often they are games, and most of them are
in Jakarta. I think there has been one
claim of a purchase on the Philippines (on one of the southern islands having violence),
and a couple in former Soviet republics.
So it sounds like a simple phishing attack.
There is never a bill on a credit card, and I forward them
to reportphishing@apple.com.
I wonder, if someone had my SSN and somehow created accounts
in foreign countries and ran up bills, could I ever be pursued for them? I would think not unless I traveled to the country.
But it is possible for people to be pursued for judgments
for fake accounts using their social security numbers. In my case, I think it would be pretty easy
to prove that it wasn’t me.
Here’s the rub. I
have two trusts based on inheritances. A
lot of it is in my late mother’s name. Some
has been used to my name only, because for some future purchases that works
better. The part under mom’s trust name
is supposed to be immune from creditors.
There could be a theoretical risk of seizure of money in my name
only. Inherited money might not be as
well protected (if derived from an estate) for essentially “political” reasons,
from tampering in a case like this.
I’ll check with Apple soon (at a store) and see if they know
what is going on overseas.
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