Yes
Identity theft
Identity theft is the fastest-growing crime in the United States it costs society $4 to $5 billion a year.
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.
Theft Identity Theft is the Number One crime in America. Identity Theft is also the most lucrative and fastest growing crime.
yes
yes
The number of identity fraud incidents rose by one million in 2014
There are absolutely ways to protect your identity from theft - it's the fastest growing crime in America and with paying attention to who you give your credit card info to as well as carrying a security wallet to watching your credit report you can protect yourself.
I personally do not think that money should only be electronic due to the rapid growth rate of identity theft.
Identity theft became a federal crime with the passage of the Identity Theft and Assumption Deterrence Act in 1998. This law made it illegal to knowingly use another person's identification with the intent to commit fraud or other crimes. It established penalties for identity theft and allowed for federal prosecution of such cases, enhancing the legal framework to combat this growing issue.
LifeLock provides a proactive identity theft service, specializing in the prevention of identity theft rather than the reporting of it. 1 in 4 people have experienced identity theft, protect your's with LifeLock, backed with a $1 Million Service Guarantee cutt.ly/IjQhven
Yes, some identity theft involves illegal access of medical records by an imposter. Contact local police if you believe you're been a victim.