Robert J. Maynard, Jr., one of the co-founders of the company, resigned in June 2007 amid questions about his past. Maynard had spent several days in a Maricopa County Jail in 2003 because of an alleged unpaid $16,000 casino marker from the Mirage. Maynard came up with the plan for LifeLock while sitting in his jail cell. While it's true Maynard spent that time in jail, he was not the victim of identity theft. The $16,000 casino marker was his. The Mirage had gotten a copy of his Arizona driver's license when it made him the loan.His first personal bankruptcy was in 1990, and he had filed again in 1994 for one of his failed companies. Lifelock began offering services to the public the same month in 2005 that Maynard filed still another bankruptcy.
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