Identity theft hits home
An identity fraud survey soon to be published promises to show some valuable insight into the current state of identity theft, and the cost to victims.
According to an early preview identity frauds committed by thieves known to the victim usually cost the most - $1,949 in out-of-pocket expenses as a result of theft by friends and neighbors, a few hundred less for thefts by family members, and just $135 to thefts by employees.
And the reasons for the difference are nothing new - people close to us have greater access to our information and knowledge of our habits; they can hide their crimes better and longer; and we're less likely to prosecute and therefore recover costs.
The bottom line? Keep your friends close and your enemies closer becuase in the case of identity theft they can be one and the same.
Posted on Wednesday, January 10, 2007 at 01:56PM
by
Neal O'Farrell
in Identity Theft Fraud
|
Post a Comment
Neal O'Farrell
in Identity Theft Fraud
|
Post a Comment
View Printer Friendly Version
Email Article to Friend
Reader Comments