Identity Theft Essay

650 words - 3 pages

Judashia Eley
Identity Theft Report
Identity theft is a common crime in America. Every two seconds identity theft is committed. There are about 15 million victims a year from identity theft. Identity theft is the stealing and use of a person’s person information, which is usually for financial gain.
Identity theft affects us every day. When an identity theft steals your personal information, they have access to your full name, social security number, credit/bank card, etc. Most identity theft happens to business people with a lot of money and a lot to lose if identity theft ever happened to them, but identity theft can happen to anyone. Identity thieves can do so much with some else’s identity. They can commit crimes and get arrested, leaving a record on you. They can drain your bank account, leaving you broke. They can leave you in debt. They open new credit card account. They establish a wireless service in your name. They can do many ...view middle of the document...

They will scam you, often through fraudulent emails or ‘spooled websites’. Some identity thieves even scam you over the phone.
There are many you can protect yourself from identity theft. Making sure you get a credit report once a year, is a way to protect your from ID. You should place a secure password on your credit card, bank, and phone accounts. You should never give your personal/financial information over the phone. You should respond to an email requesting personal or financial information. Make sure your personal information is kept safely away from wandering eyes. You should tear junk mail before you throw it away.
There are many laws protecting you from identity theft. Starting with the Privacy Act of 1974 is an act that limits the government's power to collect and use your personal information. The False Identification Crime Control Act of 1982 is an act that prohibits fraud in connection with identification documents. The Identity Theft and Assumption Deterrence Act of 1998 is an act that states identity theft as a federal crime. The Internet False Identification Prevention Act of 2000, which is intended to encompass computer-aided false identity crimes. The Fair and Accurate Credit Transactions Act of 2003 is an act that adds identity theft protection to the 1970 Fair Credit Reporting Act. The Identity Theft Penalty Enhancement Act of 2004 is an act that establishes the penalties for identity theft cases. The Identity Theft Enforcement and Restitution Act of 2008 is an act that focuses on controlling the fraudulent use of identification documents by instituting fines or prison sentences for perpetrators of this crime.
If you’re a victim of identity theft, you should report it to your local police immediately, and make a police report about the theft. You should make sure to keep all documentation, and log all telephone calls you make regarding the theft. You need to contact the fraud depart. You also need to carefully review your credit report. You should contact your creditors, your bank, your utilities and all service companies and let them know that your identity has been stolen. You also need to Contact the Federal Trade Commission to report the theft.

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