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Identity Theft

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Identity Theft

I know three people who have been affected by identity theft in the past. They were forced to deal with the hassle of clearing and repairing their good names and financial reputations. According to my research, there was a new victim of identity theft in the U.S. every two seconds within the last year and over 9 million Americans reported that their identity had been stolen (Rogers, 2014). The primary complaint on the Federal Trade Commission’s list of top consumer complaints is identity theft (Trowbridge, 2014). This crime has gone from actions like rooting through a person’s trash and stealing their mail to confidence scams to gain access to personal information. With the possibilities that are provided by the internet criminals are capable of gaining access to and stealing personal information from a larger pool of prospective victims from all across the world. What is Identity Theft?
According to Merriam-Webster, identity theft is “the illegal use of someone else's personal information (as a Social Security number) especially in order to obtain money or credit” (Merriam-Webster, 2014). Some of the items that a person would utilize to steal another person’s identity are Social Security Numbers, driver's license numbers or their date of birth just to name a few of the pieces of information. The thief can take this information and use it to obtain things such as credit cards, bank accounts, auto loans, and home mortgages in the victim’s name. Some of the most common forms of identity theft are financial related, false driver’s license, criminal, Social Security, medical, insurance, child and synthetic. The most common of all forms is the financial identity theft. This usually involves the bank accounts and credit card information of the victims as well as opening new lines of credit or applying for new loans at the victim’s expense....

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