Home > Identity Theft > Can Your Adopted Pet Expose You to Fraud?

Comments 0 Comments

Pet ownership has definite upsides. You get companionship and exercise and the satisfaction of doing a good deed. Plus, people who own pets live longer. Unfortunately, pet ownership can also make you a target for phishers, scammers and identity thieves.

The Vector du Jour

With 65% of U.S. households including pets (and an estimated $60 billion in spending on them), pet owners represent persons of interest for scammers.

The focus here is on a nearly universal practice: microchipping.

When a pet is adopted, it almost always comes with a microchip implanted at the back of the neck between its shoulder blades (or on the left side of the neck among European rescues). The chip is the size of a grain of rice, and it includes a 10-digit number that has been registered to the adopter. With more than 94% of dogs coming by way of either rescue and/or adoption according to the Humane Society, this is a fertile field for fraud .

These microchips can aid in the return of a lost animal, but are far from a perfect solution. In fact, a study published in 2012 by the American Society for the Prevention of Cruelty Toward Animals found that after searching the neighborhood and having the pet return on its own, microchips were the most common way pet owners were reunited with their owners. In a study published by the Journal of the AVMA, research revealed that only 22 percent of lost dogs entering shelters were returned to their families. That percentage rose to more than 52 percent when a dog was microchipped.

So there is an argument for microchipping. Because there is no unified database for these microchips, a found pet may be on any number of registries, which is good news from the standpoint of crime prevention, because scam artists can’t just pet-nap an animal, scan it, and contact the owner to collect a ransom. (That said, this scenario is theoretically possible. A universal microchip reader can be purchased by anyone.)

Public-Facing Data Is Risky

Many microchipping companies recommend that you provide your mobile phone number. It makes sense on the pet recovery side of things, but none at all on the protecting yourself from scams side—mobile numbers are fast becoming our new Social Security numbers.

The basic mechanism of the scam is simple, and you should be wary of it. You will either get an email (which you provided information to the registry) or a text (to the mobile number you provided), and it will include your pet’s name and some issue that needs your attention. Maybe your dog license is expired. It could be anything. The point is that with your personal information out there in a public-facing database, you’re ripe for the picking. It’s a scam waiting to happen, and you have provided the means of your own victimization by doing the right thing by your pet.

If you have replied to one of these messages, it’s a good idea to check your credit for any changes, because you may have been communicating with a scammer. (You can check two of your scores for free on Credit.com.)

Whenever you get an unexpected message, however you get it, you are in danger of getting got. A basic rule of thumb: distrust AND verify. Provide no information until you’re sure who’s asking for it.

What You Can Do

You can see if your information is public by searching for your phone number. You should also search your home and email addresses. Your goal for the best possible data hygiene would be that none of that information yields your name on a search engine.

If you find your information is out there (and not just in connection with a pet), call the company that provides the information online and ask for it to be hidden from the public. While this may slow the process of getting your pet back should it go missing, you will still be reunited, while not exposing your data to anyone who plugs random 10-digit numbers into a pet microchip registry.

Image: fcscafeine

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Certain credit cards and other financial products mentioned in this and other sponsored content on Credit.com are Partners with Credit.com. Credit.com receives compensation if our users apply for and ultimately sign up for any financial products or cards offered.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Our Owners

Credit.com is owned by Progrexion Holdings Inc. which is the owner and administrator of a number of business related to credit and credit repair, including CreditRepair.com, and eFolks. In addition, Progrexion also provides services to Lexington Law Firm as a third party provider. Despite being owned by Progrexion, it is not the role of the Credit.com editorial team to advocate the use of the company’s other services. In articles, reporters may mention credit repair as an option, for example, but we’ll also be sure to note the various alternatives to that service. Furthermore, you may see ads for credit repair services on Credit.com, but the editorial team isn’t responsible for the creation or implementation of those ads, anymore than reporters for the New York Times or Washington Post are responsible for the ads on their sites.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team