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The Growing Risks of Identity Theft

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The news broke in 2008 that higher than 10,000,000 in America alone become victims of identity thieves [http://www.free-credit-reports.com] annually, and that figure is on the rise. identity theft [http://www.free-credit-reports.com] is in truth the speediest growing crime ever since recorded history commenced. Though identity crime is an international problem, it is a fact that this crime is more common in wealthy societies. You are exposed to identity theft whether you live in a gigantic town or a tiny city.

Living in a little city might make you less exposed to having your pocket picked or your mail taken, but your electronic records are as good a target for identity thieves as those belonging to people living out of town. Living in a close community where you know the bank staff and postal employees personally does not make you safe from identity crime either.

Some thieves use very advance methods and PC equipment to get private info from databases anywhere in the world. Note that half of all such incidences is carried out by somebody that the victim knows. The burglar may be an acquaintance, or a tenant, but there are countless cases on record where the crime has been committed by a close member of the family, like a brother or a sister. The Federal Trade Commission determined that in about nine percent of these types of theft cases, the offender was a family member. Though this fact could be upsetting, family members are well-placed to get private information. They can use your credit card and online money accounts. What is more problematic is that when victims and culprit reside in the same house, the crime can go on unnoticed if the burglar intercepts mail, picks up telephone calls and so on. About fifteen percent of victims do not discover that the crime has been committed for a couple of years or longer.

Here are some more alarming facts. The average number of times a taken SSID number is employed ( often by illegal aliens ) to gain employment is thirty. These numbers may be employed for years as the minor does not have to use the SSID number. The theft frequently does not become plain until the minor applies for his / her first job or applies for a student loan. If a Social Security ID has been utilized by burglars who have built up a difficult credit score, the victim will have significant problems making an attempt to get credit. Resolving a long-time case of identity crime can take ages. Be careful of your private information, remember that innocent people were arrested for crimes committed by identity thieves using the victim's identity.

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