Frank abagnale talks scams and catch me if you can

VIDEO: AARP’S FRAUD WATCH NETWORK TEAMS WITH FRANK ABAGNALE  Fraud expert and former con artist provides tips on how to best identify and protect yourself from scams. Q: IT'S BEEN

DECADES SINCE YOU PASSED BAD CHECKS AND ADOPTED FALSE IDENTITIES. HOW HAS TECHNOLOGY CHANGED SCAMMING? A: It's made it a thousand times easier. To forge checks 50 years ago, I had to

have a Heidelberg printing press that cost about $1 million and required three journeymen printers to operate. Today you just open your laptop, go to somebody's corporate website and,

within 15 minutes, you'll have a beautiful four-color check that's probably 10 times better than the actual checks. Q: ARE TODAY'S SCAMMERS LESS CHARMING THAN YOU WERE? A:

There's really no such thing as a con man anymore—the well-dressed, sophisticated guy who speaks well. That's not necessary because you're conning people from thousands of

miles away over a telephone or a computer. You could be in your pajamas sitting in a kitchen. Q: WHAT'S THE MOST INGENIOUS SCAM YOU'VE SEEN RECENTLY? A: One of the most popular

scams is what they call account takeover. You write me a check and I simply go online to a check-printing service and order 200 checks with your account information. I might even put my own

name and address on them. Most people don't reconcile their bank accounts. By your next statement, I've already written checks that have cleared your account. Q: WHAT ABOUT

IDENTITY THEFT? A: It's amazingly simple to do. The truth is, your identity already has been stolen. More than 800 million security breaches have occurred, and we have only about 320

million people in this country. Q: SO WHAT TIPS DO YOU HAVE? A: Do what I do. First, I shred everything, even if it's worthless, with a micro-cut shredder, which turns paper into

confetti. Second, I use a service that monitors all three credit bureaus and notifies me in real time if somebody is trying to use my credit. Third, I don't write a lot of checks

because if you write a check in a store, anyone who sees it along the way could order bogus checks on your account. Q: WHAT ABOUT YOUR DEBIT CARD? A: I don't have one. I use only credit

cards, because if somebody gets my card number and charges $1 million, my liability—by federal law—is zero. But when you use a debit card, you're exposing the money in your account.

And even if you use your debit card every day for the next 25 years, it won't raise your credit score one point.