The number of identity fraud incidents rose by one million in 2014
Yes
Identity theft
I personally do not think that money should only be electronic due to the rapid growth rate of identity theft.
Identity theft is the fastest-growing crime in the United States it costs society $4 to $5 billion a year.
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Theft Identity Theft is the Number One crime in America. Identity Theft is also the most lucrative and fastest growing crime.
Identity theft can affect your credit without your knowledge!
Identity theft is a growing problem in the United States. Identity protection plans are available from a few sources. First you can try your bank or credit union. Several banks offer identity theft programs. Your second source is your credit card company. If you are worried about more than just your bank accounts and credit cards you may want to go with a more global identity theft protection plan. These are available from Lifelock, Protect My ID and Identity Guard.
One of the fastest growing white collar crimes in 2014 is identity theft. Other white collar crimes are money laundering, mortgage fraud, and Internet scams.
corporate identity theft is becoming more and more common. The identity theft is no longer only restricted to individuals only. Due the this , FACT act 2003 is also amended to check and prevent corporate identity theft
Identity theft began to be addressed through laws in the 1990s. The Identity Theft and Assumption Deterrence Act was enacted in the United States in 1998, making it a federal crime to knowingly transfer or use another person's identity with intent to commit unlawful activity.
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