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My friend's wallet was stolen last month and here is her advise:

within a week the thieve(s) ordered an expensive
monthly cell phone package, applied for a VISA credit card, had a
credit line approved to buy a Gateway computer, received a PIN number
from DMV to change my driving record information online, and more.
But here's some critical information to limit the damage in case
this happens to you or someone you know.   As everyone always advises,
cancel your credit cards immediately, but the key is having the toll
free numbers and your card numbers handy so you know whom to call.
Keep those where you can find them easily (having to hunt for them
is additional stress you WON'T need at that point)!  On a personal
note, I remember losing a MC and until I got the toll free number
from information, etc.  I was a wreck.

File a police report immediately in the jurisdiction where it was
stolen, this proves to credit providers you were diligent, and is a
first step toward an investigation (if there ever is one).

 Call the Three national credit reporting organizations
immediately to place a fraud alert on your name and SS#. I had never
heard of doing that until advised by a bank that called to tell me
an application for credit was made over the Internet in my name

 It seems to have stopped them in their tracks. The numbers are:
Equifax 1-800 525-6285
Experian (formerly TRW) 1-800-301-7195
Trans Union 1-800-680-7289
Social Security Administration also has a fraud line at 1-800-269-0271

I suggest you keep these numbers on file, but not in your wallet or purse.
Sid Levin

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