Identity Theft Consumer Info

Cyber crime: Beware of ID theft
Article from Economic Times:
MUMBAI: Identity theft is one of the growing concerns in cyber crime in India today.

According to Norton Cybercrime Report 2011, globally 431 million adults experienced cybercrime in 2011 and more than 1 million plus adults became victims every day.

As per the report, India is fast emerging as a soft target for organized cybercrime with four in five online adults have been victims of identity theft in 2011.

Identity theft can have serious financial implications.

“Credit and Debit cards can be applied for in the name of another individual. Fraudulent bank loans could be taken out in the name of the victim. Even a multiple range of debts can be incurred in victim?s name,” says Ian Craig, Managing Director, CPP India.

What are the warning signs?

According to a report shared by CPP India, most identity theft victims don’t realise the fraud until long after…………………continues on Economic Times
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Related News:

woman who said she was abducted gets 8 years for ID theft, fraud
Article from CNN:

(CNN) — A Pennsylvania woman who called 911 to report that she and her daughter had been abducted — only to be found later at a Disney resort — was sentenced Thursday to more than eight years in prison for identity theft and fraud.

Bonnie Sweeten, now 40, was sentenced Thursday to 100 months in prison for engineering a scheme that led to her stealing more than $ 600,000, the U.S. Attorney’s office for the eastern district of Pennsylvania said in a statement.

U.S. District Cou…………………continues on CNN
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Related posts:

1. ID Thieves And Cyber Criminals Beware: Attorney General Creates eCrime Unit
2. ID theft still a crime of opportunity

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