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What Is Identity Theft?

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Identity theft is when a criminal acquires and uses someones personal information and then uses that information to, in a sense, become that person for a while.

The most common uses of identity theft are credit card and check fraud. Some other uses that can occur are illegal immigration, blackmail, crime or just attacking an individual for revenge.

Identity theft can really destroy someones life for months or even years. The most common result is destruction of credit.

People often get credit cards and open bank accounts in the victims name and buy all kinds of expensive merchandise they can either keep or sell for cash.

In extreme cases, loans can be taken out for thousands of dollars and the identity thief can simply disappear. Luckily, a photo identification is necessary for high priced transactions and loans most of the time.

Credit isn't the only thing that can be destroyed by identity theft. Many times, criminals will use your personal information to get a drivers license because they are wanted or plan to commit many crimes very soon.

If these criminals rent a car that is used in a crime, guess who is the first suspect? That's right, its YOU. By the time you even realize this has happened, your name and picture might be all over the news.

This can annihilate your good name in your community or even the entire country. Even when it is proved you had absolutely nothing to do with the crime, people will still associate you with that particular event.



 

Identity Theft Videos and More Articles

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Fight Identity Theft With Fraud Alert

... given the authority to make transaction on his account. It is easy to set up your fraud alert. All you need to do is to coordinate with the fraud alert department op the credit bureau that you are engaging. Afterwards, you can simply notify them to top flag your credit file for fraud. To secure this, ...

Secure Your Life With Identity Theft Reporting

... your stolen account. 7. Aside from your account and credit account numbers, you should also make a report to the SSS office for them to issue new SS card for you. It is very important that you protect yourself from being one of the victims of identity theft because if not you will suddenly notice that ...

Top 5 Reasons To Choose An Internet Filtering Appliance Over Software

... their Internet access should be a baseline requirement. But how do organizations choose from the wide range of filters available to them? Perhaps one of the first decisions they will to make is between a software-based filtering solution and dedicated filtering appliance. Both appliance and software-based ...

Choosing The Right Software To Remove Spyware

... Any good spyware removal product worth its salt will readily admit to not being able to clean up the spyware on your computer in just one use. It may take several runs of the software to achieve this as well as several software updates. If a program claims they can achieve this after one run, they are ...

Identity Theft Court Cases

... days go by, identity theft continues to become a growing problem, instead of a reducing problem in the Unite States. Not only does it occur in small towns, said criminal activity also happen in large cities. In 1998, due to the many unsuccessful identity theft court cases, the federal law passed the bill ...

 

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