Identity Theft Facts – 9 Facts About The Threat Of Identity Theft

Elaine — Thu, 10 Sep 2009 17:40:41 +0000

1. Identity theft is a worldwide problem, but it is a fact that the crime is more prevalent in affluent societies.
2. Moving out of the city will not protect you from the identity thieves; you are vulnerable to identity theft whether you live in a big city or a small town.
3. Living in a close-knit community where you know the citizens by their first names does not make you safe from identity fraud; an identity thief with a computer has a long reach.
4. It is a fact that half of all identity theft is carried out by someone the victim knows.
5. The Federal Trade Commission estimated that in about 9 percent (one in every eleven) of identity theft cases, the culprit was a family member.
6. Nearly half of all identity theft victims discover their identity has been stolen within three months of the theft.
7. About 15 percent of identity fraud victims do not discover the crime has been committed for four years or even longer.
8. A stolen Social Security Number is sold and used (mostly by illegal immigrants) to gain employment an average of 30 times.
9. Many stolen American Social Security Numbers belong to children. These SSN’s can be used for years because the minor does not use the Social Security Number. The theft often comes to light only when the minor applies for a student loan or first job.

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Identity Theft Facts – 9 Facts About The Threat Of Identity Theft