Another thing the Lucid database might identify is synthetic identity theft before it comes back to haunt a person. Credit reports don't necessarily catch all forms of identity theft. Sometimes different parts of people's identities are used to forge a synthetic one. In these instances, because a lot of the information doesn't match, the credit bureaus don't pick it up.
Other examples where a credit bureau might not reveal identity theft are medical benefit fraud, employment fraud, government benefit fraud, some forms of check fraud and when it is used to commit crimes of other than a financial nature.
Another thing to consider is that since not all compromised information is used or used right away, the risk is there, but it will not show up on a credit report.
The people behind Lucid are also active in dealing with advance fee fraud (419) and the different varieties of this are covered on the site, also.
Last but not least, if you need further information they have a way to contact a member of the group.
The site is largely the work of Colin Holder, a retired Detective Sergeant from the United Kingdom, who is considered one of the leading experts in the world on advance fee fraud and identity theft. This isn't the first Web site Colin has set up, either. In 2001, he set up the Metropolitan Police Fraud Alert site and came up with the idea that later became the "KYC" and "Money Laundering" compliance database. His full biography, which is both impressive and extensive, can be found on the site.
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