5 Legals Concerns If Your Identity Theft Is Stolen

2
saferforyourlife.info http://www.saferforyourlife.info/identity-theft-five-legal-concerns-if-your-identity-is-stolen/ Identity Theft – Five Legal Concerns If Your Identity is stolen. By Charles Tate Article Word Count : 726 I. D. thef t alludes to a f orm of crime where one person thinks the identity of another person with a target to access their resources and prof it f rom employing the advantages that are due to them. On account of these activities the victims can stand to be persecuted and f ace the consequences of being held answerable f or the perpetrator’s actions. A much more serious eventuality can happen if an individual of this kind gains access to your SSID number. This sort of crime is amongst the highest rising and is continuously growing and af f ecting a large number of f olks each year. With such inf ormation they are going to be able to cause rather more damage and the impact of this would possibly not be simply correctable. D. the United States it is estimated that there were more than 11.1 million victims of I. They can resort to using your identity in many ways, which leads to them committing various crimes. Thef t in 2009 with losses sustained amounting to over $54 bn… The 5 commonest cases are: Loan Fraud: This is whereby the guilty party usually obtains loans under your name. Of course, the perpetrator of this crime is not answerable f or the loan repayment. Credit card f raud: In this case the identity wrongdoers may use your credit cards or related way of payment f or purchases that they have made. The bank theref ore holds the victim accountable and sometimes charges them with paying back the loan. They can also get f unds f rom your account without your understanding. Some of the lawbreakers even intercept your mail just to ensure you do not receive notif ication f rom the banks. Bank Fraud: This appertains to a situation where identity criminals use f ake means to achieve access to your cash, assets or any f orm of property that might be held by people or even f inancial establishments. Bank f raud can involve diverse f orms which occur whenever somebody comes into possession of your personal details and uses them to get access to your money. If by chance, you have a clean credit and civil record most companies will be satisf ied to give you a chance to work. Identity perpetrators can theref ore sign checks using your account, which you will ultimately be responsible to pay. These criminals customarily use this clean slate to look f or employment using your identity. Many of these criminals also use this inf o to of f er f olks roles particularly immigrants or pilf er f unds f rom them in the hope of f inding them work. Insurance Fraud: This implies the ID thieves targeting the insurance companies. They can use your medical records to claim your insurance and medical benef its. They may also utilize this inf ormation to get your car insurance or perhaps property insurance. Once this crime is noticed it goes without saying you’ll be ultimately held answerable f or the amounts that were taken. The largest problem with I. D. thef t is that as a victim you may not immediately notice that it has happened to

Transcript of 5 Legals Concerns If Your Identity Theft Is Stolen

Page 1: 5 Legals Concerns If Your Identity Theft Is Stolen

saf erf o ryo urlif e .inf o http://www.saferforyourlife.info /identity-theft-five-legal-concerns-if-your-identity-is-sto len/

Identity Theft – Five Legal Concerns If Your Identity is stolen.

By Charles TateArticle Word Count : 726

I. D. thef t alludes to a f orm of crime where one person thinks the identity of another person with a target toaccess their resources and prof it f rom employing the advantages that are due to them. On account of theseactivit ies the victims can stand to be persecuted and f ace the consequences of being held answerable f orthe perpetrator ’s actions. A much more serious eventuality can happen if an individual of this kind gainsaccess to your SSID number. This sort of crime is amongst the highest rising and is continuously growingand af f ecting a large number of f olks each year. With such inf ormation they are going to be able to causerather more damage and the impact of this would possibly not be simply correctable. D. the United States itis estimated that there were more than 11.1 million victims of I. They can resort to using your identity in manyways, which leads to them committing various crimes. Thef t in 2009 with losses sustained amounting to over$54 bn… The 5 commonest cases are:Loan Fraud:This is whereby the guilty party usually obtains loans under your name. Of course, the perpetrator of thiscrime is not answerable f or the loan repayment.Credit card f raud:In this case the identity wrongdoers may use your credit cards or related way of payment f or purchases thatthey have made. The bank theref ore holds the victim accountable and sometimes charges them with payingback the loan. They can also get f unds f rom your account without your understanding. Some of thelawbreakers even intercept your mail just to ensure you do not receive notif ication f rom the banks.Bank Fraud:This appertains to a situation where identity criminals use f ake means to achieve access to your cash,assets or any f orm of property that might be held by people or even f inancial establishments. Bank f raudcan involve diverse f orms which occur whenever somebody comes into possession of your personal detailsand uses them to get access to your money. If by chance, you have a clean credit and civil record mostcompanies will be satisf ied to give you a chance to work. Identity perpetrators can theref ore sign checksusing your account, which you will ult imately be responsible to pay. These criminals customarily use thisclean slate to look f or employment using your identity. Many of these criminals also use this inf o to of f erf olks roles particularly immigrants or pilf er f unds f rom them in the hope of f inding them work.Insurance Fraud:This implies the ID thieves targeting the insurance companies. They can use your medical records to claimyour insurance and medical benef its. They may also utilize this inf ormation to get your car insurance orperhaps property insurance. Once this crime is noticed it goes without saying you’ll be ult imately heldanswerable f or the amounts that were taken.The largest problem with I. D. thef t is that as a victim you may not immediately notice that it has happened to

Page 2: 5 Legals Concerns If Your Identity Theft Is Stolen

you. In truth the great majority of people realize this when it ’s f ar too late and they have been deniedinsurance or even when they are arrested. That being said, the right way to deal with identity thef t may lie incompetently protecting yourself . You should theref ore make sure that you correctly guard your personal inf oparticularly when using it in public areas, especially computers. It is also desirable to f requently watch yourcredit history. This way you will be able to uncover any dubious activity going on in your account. ID thef t is aserious crime af f ecting a lot of people and causing the economy to f ace massive losses.

About Charles

Charles Tate Jr. has been recommending the use of non damaging household cleaners f or threeyears now, and he has been using assorted mediums to outline the risks of common householdcleaners and make recommendations f or f itter, more natural alternatives.

The recommendations Charles: Has just released a E book entit led 20 Reasons explaining why HouseholdCleaners are Lethal to you and your Pets,