STARTLING FACTS ABOUT IDENTITY THEFT

  • Identity theft is "an absolute epidemic," states Robert Ellis Smith, a respected privacy author and advocate. "It's certainly picked up in the last four or five years. It is nationwide. It affects everybody, and there is very little you can do to prevent it and, I think, worst of all—you can't detect it until it's probably too late."
  • Some law-enforcement authorities call identity theft "the fastest growing crime across the country right now". In fact, identity theft is the most called-about subject on the Privacy Rights Clearinghouse's telephone hotline. "Most victims don't even know how the perpetrators got their identity numbers," says director Beth Givens. Such fraud may account for as much as 25% of all credit card-fraud losses each year.
  • For the criminal, identity theft is a relatively low-risk, high-reward endeavor. Credit card issuers often don't prosecute thieves who are apprehended. Why? The firms figure it's not cost efficient. They can afford to write off a certain amount of fraud as a cost of doing business.

IN MANY STATES, IDENTITY THEFT IS NOT AGAINST THE LAW!!

In Identity-theft cases, the victim often has to prove his or her innocence. This shocks most new identity-theft victims. They naturally expect the police, the credit grantors, the credit-reporting agencies and others in high places to help them. Maybe it should be that way…but often it isn't.

TO FIGHT BACK AGAINST IDENTITY THEFT
ORDER The The Identity-Theft Survival Kit

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What the Experts Are Saying


 

2005 Porpoise Press, Inc.