The Alarming Reality of Change-of-Address Scams: What You Need to Know

Change-of-address scams might sound like something from a spy thriller, but they’re a very real threat that could leave your finances and identity in shambles. These scams involve fraudsters redirecting your mail to an address they control, setting the stage for identity theft and financial fraud. In essence, it’s like handing over the keys to your personal life.

Here’s how it works: scammers use your postal address and full name—information often gathered from data broker sites—to submit a fraudulent change-of-address request to the United States Postal Service (USPS). Once your mail starts arriving at their address, they sift through it, looking for sensitive documents like bank statements, tax records, and checks. The ultimate goal? Using your information to apply for loans, credit cards, or, in some extreme cases, commit home title theft. Yes, they can go that far.

One reason this scam is so insidious is that it can go unnoticed for weeks or even months. A sudden drop in the mail you receive is one red flag, but by the time you realize something’s off, the damage might already be done. Keeping a close eye on your credit reports, bank statements, and any unusual activity in your accounts can help you catch these scams early.

So, what can you do to protect yourself?

• Invest in personal data removal services: These services can scrub your information from data broker databases, making it harder for scammers to get their hands on your details.
• Switch to paperless billing: Reducing the amount of sensitive mail in your mailbox minimizes the opportunities for criminals to intercept it.
• Secure your mailbox: Consider upgrading to a locked mailbox to prevent theft.
• Use identity theft protection services: These services monitor your personal information and alert you to suspicious activity, giving you a head start in combating fraud.
• Enroll in USPS Informed Delivery: This free service lets you preview incoming mail, helping you spot any irregularities quickly.

Vigilance is key. Report any suspicious activity immediately to the USPS, your bank, and the Federal Trade Commission. The sooner you act, the better your chances of mitigating the damage.

Prevention is always better than a cure. By staying informed and proactive, you can protect yourself from the financial and emotional headaches these scams bring. And let’s be real—who wants to deal with a scammer stealing their identity while sipping coffee over your stolen mail?

Have you experienced a change-of-address scam or have tips to share? Let us know your thoughts. Staying one step ahead of scammers is a team effort.