ID Theft

The fastest growing crime in America!

The Federal Trade Commission says that Identity theft is the fastest growing crime in America.

What is ID theft?

ID theft is the act of stealing one's identity and using it as the thief's own. For example I steal your ID and pretend to be you. I can drain your bank account, make new credit cards, use your health insurance and ruin your life.


How can you protect yourself?

You can protect yourself by using a document shredder to destroy unwanted documents containing personal information, this includes bank statements, credit reports, receipts, anything that contains personal information.

Another way to protect yourself is to only give personal information to websites that you trust. Make sure that you're not on a fake website.


What do you do when your ID is stolen?

  1. First inform the credit reporting companies that you are victim of credit fraud.
  2. Order credit reports (you get a free credit report from the three credit reporting companies)
  3. File a identity theft report.
Read more here.


Written by:

Colin Loyd


Sources:

  • Information about RFID chips in credit cards is here.
  • Info on fake websites is here.
  • Info about scams is here.
  • Info on recovering from ID theft is here.