July 10, 2003

Identity Theft is Fastet Growing Crime in US

Identity Theft Resource Center.Org


Identity theft is the fastest growing crime in our nation today. Besides dumpster diving, mail theft and lost/stolen wallets, criminals are stealing information by overhearing conversations made on cell phones, from faxes and emails, by hacking into computers, from telephone and email scams, and even from careless online shopping and banking. In fact, more than 20% of all cases involve telecommunications and the Internet. (FTC).


Criminals also steal tens of thousands of pieces of mail each year from the US Postal Offices. See link below for a description of the types of identity theft. - nmw

Identity theft is a crime in which the imposter obtains key pieces of information such as Social Security and driver's license numbers and uses them for his or her own gain. Victims are left with a tainted reputation and the complicated task of restoring their good names.

There are four types of identity theft crime:
Financial ID Theft —This type of case typically focuses on your name and Social Security number (SSN). This person may apply for telephone service, credit cards or loans, buy merchandise, lease cars or apartments.


Criminal ID Theft —The imposter in this crime provides the victim's information instead of his or her own when stopped by law enforcement. Eventually when the warrant for arrest is issued it is in the name of the person issued the citation- yours.


Identity Cloning —In this crime the imposter uses the victim's information to establish a new life. They work and live as you. Examples: Illegal aliens, criminals avoiding warrants, people hiding from abusive situations or becoming a "new person" to leave behind a poor work and financial history.


Business or Commercial Identity Theft —Businesses are also victims of identity theft. Typically the perpetrator gets credit cards or checking accounts in the name of the business. The business finds out when unhappy suppliers send collection notices or their business rating score is affected.

Posted by Norm Wada at July 10, 2003 11:12 AM
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