What is identity theft?

id_theftThe crime of identity theft occurs whenever a person fraudulently utilizes another individual’s personal information for their own benefit. Criminals are able to take a single stolen identity and use it repeatedly to…

    • Open new credit accounts
    • Hijack existing benefit and healthcare accounts
    • Empty bank accounts
    • Apply for jobs and tax benefits
    • Use as an alias when committing other crimes

The problem is growing

    • In 2012, 12.6 million adults were victims of identity fraud, up from 11.6 million in 2011.
    • Identity fraud cost Americans $20.9 billion.
    • Victims lost an average of $1,513 to identity fraud.
    • Victims spent an average of $6,400 in money and time to resolve their cases
    • 47% of ID theft victims encounter credit problems as a result of the incident
    • The time and energy required to recover from an ID theft event cannot be quantified for those impacted!