The Idaho Department of Finance (IDOF) is pleased to recognize the month of December as Identity Theft Prevention and Awareness Month. Identity theft is defined as a crime where a consumer’s personal or financial information is illegally obtained to commit fraud.

Patricia Perkins, Director of the Idaho Department of Finance, today announced the approval of a new
trust charter for Idaho Trust Company, a wholly owned subsidiary of Idaho Trust Bancorp.

The Idaho Department of Finance (the “Department”) joined twenty-four other state financial regulatory agencies in taking collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus Financial Holdings, Inc., Plutus Lending, LLC (collectively known as “Abra”), and CEO and largest equity owner William “Bill” Barhydt for operating a cryptocurrency company without receiving the required state licensing.