Identity theft is on the rise and the laws that protect consumers are also becoming increasingly tougher and with few loop holes, plus consumes are receiving more protection too. With 27.3 million Americans suffering from identity theft in the last 5 years and with just under 10 million last year alone, you can quickly see why identity theft laws needed to get tougher. . The FBI dedicates a great deal of resources to identity theft, but if we’re being honest many times nabbing these criminals... Read Full Story

Although financially you might not be on the hook if your identity is stolen, you will be on the hook for hundreds of man hours you’ll need to correct the problems created all over the place. Just last year 9 million Americans discovered their identity had been stolen, a number that continues to grow each year. Technology has left us much more vulnerable than in the past, because someone, thousands of miles away, with the right skills can hack into credit bureaus, medical records, banks, cred... Read Full Story

In recent years, it has come to attention of authorities about an underground market involving stolen or marketed SSN cards and illegal immigrants, especially those from Mexico. This underground market is barely a blip on the American authorities’ radar and it’s occurring from one coast to the other. There are actually two ways that illegal immigrants are getting SSN cards. Mexicans that has a legal SSN card and who have returned to Mexico for whatever reason, will lend, rent, or sell their S... Read Full Story

Scammers have targeted credit cards since their inception. In the old days, before electronic transfers, people used to worry about the carbon slips falling into the wrong hands. These days, people worry about everything. It is true that scammers and thieves can obtain financial details by stealing or hacking electronic equipment. However, it is not true that you will have to pay the entire bill if you have been hacked or scammed. Check with your credit card provider as to what are your liabi... Read Full Story

You have to keep certain financial records and backup documents stored for a designated amount of time to meet IRS regulations. Unfortunately consumers tend to keep too much on hand instead of under lock and key and that makes them more vulnerable to identity theft or fraud. Looking around a typical household will reveal a wealth of personal information including social security numbers, account numbers, account passwords and so on. One of the most important steps consumers can take to limit... Read Full Story

Preventing identity theft is not just a matter of implementing new government regulation. Laws can be passed between now and the end of the world intending to prevent identity theft, and yet there would still be those creative criminals able to slip between the cracks. The moral of this story is that you need to do everything possible to protect yourself from those determined to steal another person’s identity for the purpose of buying goods and services or to obtain credit or loans illega... Read Full Story

Identity theft continues to grow at alarming rates and so it’s important that you do whatever you can to protect yourself. One tool is locking your credit reports. But is it as beneficial as some would have you belief. As a matter of fact it is. Think of it as putting a great big padlock on your credit information, making it far less likely that criminals will gain access and turn your life upside down by stealing your identity. It is called both a credit lock and a security freeze but the se... Read Full Story

There are many different identity theft scams that we are faced with. Part of keeping you’re your id, your money, and your credit safe is to know what scams are most common. There are many different fraud scams and identity theft scams, so many that they all begin to blur after awhile. It’s important that you can identify the most common online identity theft scams. The Nigerian fraud scam is one most of use have been exposed to at one time or another. This is the one where a wealthy foreigne... Read Full Story

You meet what appears to be Mr. Right and you’re ready to believe every word he tells you. After all he’s wealthy, charming, and…or wait is he? What you should know before you open your purse. On a regular basis, you either hear about or read about a woman who has become victim to a male scammer whose only real objective is to get into the woman’s bank account. Leigh Anne McElhaney was one of those women. Like many women on the single dating scene, they’d just like to meet Mr. Right, fall in ... Read Full Story

If you watch television, drive anywhere, or are just alive in general, you have seen ads for preventing identity theft. Prevention of identity theft has become such a major issue with the increase in dangers of someone stealing your identity. If you become a victim of this crime you will soon find out just how serious it is. Once your identity has been taken it is a long drawn out process to get it back, and this causes serious issues if you want to get financing or a loan for anything. In f... Read Full Story