According to the Fair and Accurate Credit Transactions Act (FACTA), which of the following is NOT considered a red flag category?

The Fair and Accurate Credit Transactions Act (FACTA) is designed to protect consumers from identity theft and promote accuracy in consumer reporting. Among the red flag categories identified under FACTA, the focus is on identifying unusual or suspicious behavior that might indicate fraudulent activity.

An account held by a person who is over 80 years old does not specifically represent a behavior or activity that is indicative of fraud or identity theft. The age of the individual alone is not a red flag, as it does not inherently suggest potential for identity theft or unusual activity concerning the account. In contrast, the other options—warnings from a consumer-reporting agency, unusual activity relating to a covered account, and suspicious documents—are all clear indicators that could potentially flag fraudulent activity. Each of these reflects an anomaly or warning sign that should prompt further investigation or concern about potential fraud, which is why they are included as red flag categories in the regulatory framework of FACTA.