Identity Theft Scams: Learn How To
Avoid Fraudulent Schemes
By: Benjamin E. Hertz|LRL Editor
The Department of Justice Statistics, identity theft has passed
up drug trafficking as the number one crime in America. Identity thief have several
ways of obtaining your personal details information. Thieves use different reasons ranging from
regular check-ups to new defensive measures use by the financial company. Credit card theft, bank fraud, as
well as misuse of social security numbers is usually a result of identity theft fraud. Identity theft
scams are growing rapidly and in spite of the notions, it is not just the older people who fall
victim to them.
Thieves involve in identity theft don't just open credit card accounts under someone
else's name. The thieves will do things such as passing counterfeit checks, withdrawing money from ATM's, even
stealing utility services information and getting a driver’s license under your name with their picture!
Other types of scams, the thieves will post phony jobs ads who are looking for
someone to hire in a work-at-home or telecommuting basis to handle their accounts receivables. They may tell you
that they need you to cash their company checks to pay for an online item and send you a realistic looking check or
money order, usually for more than the amount of the purchase. Typically, you will then take the check or
money order to be cashed by banks or stores, only for you to later find out that they were fraudulent or
There are major concerns worldwide about fraudulent schemes. It is a fact that identity
theft scams are a dime a dozen. It is a very lucrative "business" for criminals looking to find their financial
freedom. There are so many types of scams out there; it's hard to keep track of them.
In order to avoid them, you have to keep your eyes and ears open. You have to stay on top
of matters like this and pay attention to recommendations from people who know what they're talking about.
theft occurs for the obvious reason: for the criminal to use your information and obtain money,
either through loans or credit cards or directly through your bank account.
One word of caution is when it comes to receiving e-mails or any types of notifications
from banking institutions and others such as PayPal, among others. Often times, people are asked to click on a link
within an e-mail or a notification. It is imperative that you NEVER do that. If you are being asked for certain
information, do so directly with the institution. That means that you should enter the URL address of the
particular institution and contact them directly. In most cases, the above situation would result in some type of
Your personal and private information is exactly that. Be extremely careful as to where
you put it and where you give it. If you can avoid using your Social Security number anywhere, do so. It is
completely in your best interest. Of course, identity theft doesn't just take place at individual level. It happens
with businesses as well. Therefore, it is imperative that you check your credit card bills thoroughly as well as
your bank account statements.
Whether you are a business or an individual, being cautious is the best thing you can do.
One of the most important things that you can own is a paper shredder. If you don't, you should be tearing up your
papers in little pieces. It's very important that papers that have your Social Security number, driver's license
number, and any other vital information be shredded and thereby not being able to be read by any criminals. That
means that you should be as responsible as possible with your personal information. If you sense that your personal
information has been compromised, then you should change your PIN numbers and passwords as a preventative measure.
In addition to that, you should never enter personal information or credit card information in online unsecured
If you believe someone was trying to steal your personal information, it's important that
you act quickly. For starters, contact the company they claim to be associated with, if that is the case.
Additionally, you should report everything to the Federal Trade Commission (FTC). They take things very seriously
when comes to identity fraud. Filing a complaint with the FTC, they will work together with you by taking down the
pertinent information and perform an investigation.
Laws: Penalties Could Stand To Be
How To Prevent Identity
Theft: What You Should Know
Protection Services: How Does It
Theft: Helpful Tips To Protect Yourself Against Online Scams
Credit Card Fraud Protection: How To Choose The Right
Credit Monitoring Services: Safeguard Your Credit File Plus
Improve Your Credit Score
Credit Report Monitoring: Regular Check-Up To Prevent Any
Suspicious Identity Fraud