Lifelock CEO's identity theft case dropped - authorities cite coercion as the reason
No one can dispute that Lifelock, the identity theft protection company offering a million dollar guarantee, is pretty aggressive in their marketing tactics. They pay everyone from bloggers to the likes of Howard Stern, Rush Limbaugh and Fred Thompson to promote their products.
It now appears that marketing isn't the only thing they are aggressive at.
Recently, as a result of a New Times article, their founder Robert Maynard stepped down from his position after it was suggested that his stories of being an identity theft victim weren't exactly one-hundred percent accurate. Even more damaging was an allegation that Maynard used his father's identity to secure a American Express card that went bad.
The identity theft story had been often heralded as one of the reasons behind the Lifelock business concept.
Even though Maynard stepped down, it appears he is still making money from Lifelock and hawking it's products. At the time of this announcement -- a rumor came out that Todd Davis, Lifelock's CEO, who plasters his social security number all over the Internet to show his confidence in Lifelock -- was himself a victim of identity theft.
It has now come to light that Mr. Davis wasn't happy with the Texas authorities sense of urgency on his personal matter and took it upon himself to send a film crew and Lifelock representative (private-eye) to his evil twin's house to get him to sign a prewritten confession.
Apparently, the suspect was told to either sign the prewritten confession and agree to community service, or the Police would be out to arrest him. None of the articles, I read indicated, whether or not, the suspect had any part in preparing the prewritten confession.
In defense of the authorities concerned, there is a lot of identity theft to investigate. It turns out they were waiting for additional evidence to tie the suspect into the use of Davis' identity. The evidence they were waiting for was records from ATT to verify the suspects Internet Protocol address, which they had already subpoenaed.
Although, not specifically stated, this leads me to believe that the theft using Mr. Davis' identity was originated, where a lot of this type of theft starts, on the Internet.
It also appears that the authorities had advised Davis to let them do their job, and he decided to do otherwise.
The person involved doesn't appear to be a very sophisticated identity thief. He is described by the Fort Worth authorities as "mentally disabled."
http://fraudwar.blogspot.com/2007/07...heft-case.html
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