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Five Types of Identity Theft |
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Written by Nicole Kinsey
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Monday, 10 April 2006 |
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Page 3 of 4
{mosgoogle}4. Driver’s license identity theft. Someone commits traffic related offenses in your name. When the identity thief fails to appear in court, warrants are issued in your name.
In 2003, Alex’s driver’s license was revoked because he had another driver’s license in another state revoked due to criminal charges. In addition, Alex had warrants out for his arrest in the other state. After about a year of working to clear his name, Alex’s driver’s license was reinstated. An identity thief with a poor driving record obtained a copy of Sara's driver's license. Now, because of the identity thief’s poor driving record, Sara’s license has been suspended, and she is in danger of losing her auto insurance.
5. Credit identity theft. Someone uses your information to obtain loans, goods, or services and does not pay the bills. The accumulating unpaid bills end up going to collection, which can affect your credit.
For over six years, Kate has been a victim of identity theft. Even a fraud alert placed on her credit report has not stopped the identity thief. As a result, Kate can not purchase a home because of bad credit. An identity thief wrote bad checks and opened several credit card accounts in Erica’s name. Consequently, Erica’s application to open her own bank account was denied. Erica has had to hire an attorney to clear her name. This has cost her over $4,500.
So, you can see that once an identity thief has your identity, he/she can do just about anything including ruining your life. Don’t think you are immune. According to the Identity Theft Resource Center, there have been at least 111 disclosed incidents of data breaches since January 2005 that could potentially expose 53 million individuals to identity theft. This number is steadily increasing. Further, according to the FTC, over 27,000 people per day have their identities stolen in America.
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