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Wednesday, December 19, 2007 

Not being one of those being listed in the history of identity theft crimes Forget gu

Not being one of those being listed in the history of identity theft crimes

Forget gu and violence. Being a criminal nowadays is a matter of getting the right information without being found that and uses that to your advantage. That is how the identity theft proce work.

Identity theft is a crime wherein another person obtai and uses another person's personal data for purposes of fraud or deception. But the main purpose is for gaining money and finances to avail of goods or services.

Personal information being stolen borders from names, birth dates, social security number and drivers lice e number. The more extreme and cruel cases is when your financial identity like credit card, bank account and phone-card numbers, are the ones being used.

It can be noted that your personal allows thieves to profit at your expe e. This is in contrast to your fingerprints that ca ot be easily copied or stolen. In many cases, victims are not even aware that their identity has been stolen until maybe some months or years later.

The co equences of being an identity theft victim are also quite devastating. You will be faced with the need to close bad credit accounts, trying to repair them or open new ones.

In the proce , you not only need time to get on with all these but also enough money to try and pay up debits accumulated and new ones opened.

As long as you have not finished all the requirements and have not cleared you name, you can be denied jo , loa , education, housing, and tra ortation. For worst case scenarios, you can even get arrested for the crime you did not commit much le know about.

The trauma that can result from the experience is not easily forgotten too. The experience of thousands of victims is that it often takes months, even years, to recover.

According to the Federal Bureau of Investigation, identity theft is the fastest growing crime in the US alone. The fact that more and more people are reporting cases of identity theft and how they have become victims can attest to conclusion made by that department.

In the year 2002, 10 million people became victims of this crime. And an estimated 27.3 million America have been reported to be victims of the different forms of identity theft during the past 5 years.

Even financial and busine i titutio are not ared. Billio of dollars worth of lo es have also been noted which can be attributed to identity theft.

Identity theft is the number two most reported crime to the federal government.

These numbers are enough to make you co ider identity theft as a serious crime that is getting more and more rampant everyday. Ever since this kind of crime had been noted in the early 1970s, counteractio are being done. But however extreme are measure are, there is really no getting through the minds of these thieves.

There are basically two forms of identity theft.

The first and most common is when someone uses your credit card information. Your information have been gotten if it was lost or stolen. It can also be because of carele handling by an employee of a company where you used the credit card to make a purchase.

The second and more dangerous form of identity theft is when someone steals your identity, and ope up credit card accounts, or cell phone accounts in your name. They can also use your social security number when getting a job or your drivers lice e to get a duplicate copy.

The advancing technology of today does not help any. Communicatio tools over the Internet are allowing criminals to think up new schemes and strategies. Besides that, identity theft can be pla ed and executed more easily online.

All these thieves have to do is pay a fee to an information broker to get an individual's Social Security number. Online databases also have in them addre information, while an individual's mother's maiden name can be found in obituaries or other public documents. Obviously, bills are sent to a different addre so they will not get to you and you will start panicking.

Understanding and having enough knowledge about identity theft can be your prevention measure. Be alert and aware so you will not be among those who have suffered the co equences of this crime.

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