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Banks Propose ID Theft Assistance Center

The Financial Services Roundtable is creating an Identity Theft Assistance Center to help fight the rising incidence of the crime. Under the program, expected to launch on May 1, 2004, people who believe they are victims of identity theft would make one phone call to their local bank, which in turn would contact the assistance center. The Roundtable represents 100 institutions handling about 70 percent of the economy's financial transactions. Wells Fargo & Co. is heading the poilot program.

Center Launched for ID Theft Victims
The Washington Post, October 28, 2003