Identity theft is a serious crime where a thief obtains your personal information, such as your social security number, to commit fraud. Identity theft has become a growing issue in today 's society, especially with today 's advanced technology. Research done by Javelin strategy concludes that nearly 12 million Americans have been victims of identity theft in 2011. The statistics of identity theft show an increase of thirteen percent over 2010. The numbers are increasingly growing as the years go by. Approximately seven percent of adults have their identity stolen, resulting in at least $3,500 in losses. Identity thieves develop cagey methods to steal identities like stealing wallets, mail, and phone calls that lure people into giving out their …show more content…
Catch Me if You Can is based off the true events of Frank Abagnale Jr’s life as a con artist, where he was involved with credit card schemes, creating bad checks, and stealing other people 's identity. He later worked with the FBI to teach others on how to prevent financial and identity theft crimes. Another scandalous identity theft criminal from the twentieth century is Philip Cummings. His criminal activity is known for being the largest case of identity theft in the history of the United States. Cummings scheme went on for several years before being caught by the FBI, leaving thirty thousand victims and one hundred million dollars of stolen money. These notorious identity thieves have helped the authorities to discover new ways to prevent this growing …show more content…
Identity theft has become the number one profit crime in the United States. As detective Kaminski said, “It is more efficient to commit identity fraud than to rob a bank because the odds of being caught are less likely.” If a business suspects their company 's identities being stolen they should inform the proper authorities who deal with this rapid growing problem. Not trying to stop the issue will cause greater stress in the future and possibly jeopardize the whole business. It can take years to return back to a stable state after having your identity stolen. If a thief is caught stealing identity, they can be fined up to one thousand to one hundred thousand dollars. Depending on the seriousness of the crime, the person can end up in prison for years. To avoid the troubles of identity theft, it is important to be educated on the precautions of the issue. Businesses and individuals must take the initiative to secure their personal information and identity to be able to lower the rate of identity
Fraud is one of Canada's most severe acts of financial criminality as the economic impact of this crime could potentially handicap an entire society. According to the Canadian Anti-Fraud Centre Annual Statistic Report (CAFC), a report established to monitor fraud with the aid of the Royal Canadian Mounted Police (RCMP), and Competition Bureau of Canada, it reported an annual loss of 74 million dollars affecting over 14,472 victims (Canadian Anti-Fraud Centre, 2014). Given this alarming statistic, it is worrisome that we as a society still ignore or turn a blind eye towards those who commit fraud as seen in the low conviction (Canada Revenue Agency, 2014), and focus our efforts on petty thefts as seen with the high rate of convictions
This case involved an unknown suspect stealing the victim’s vehicle while it was parked in an unsecured parking lot in violation of PC 487(d)-Grand Theft Auto.
Based on the true story of Frank Abagnale Jr, “Catch Me If You Can” tells of a successful con artist who managed to pass himself off as several identities for personal gain. During high school, Frank Abagnale Jr. idolized his father, who was constantly in trouble with the IRS. When his parents separate, he runs away to Manhattan with $25 in his pocket. Frank is determined to regain his dad's losses and get his parents back together. Just a few years later, the FBI tracks him down in France. He's extradited, tried, and jailed for passing more than $2,000,000 in bad checks. Along the way, he had successfully posed as a Pan Am pilot, a pediatrician, and an attorney. Also, from nearly the beginning of this life of crime, he's been continuously pursued by an FBI agent, Carl Hanratty.
In other words, analyzing the mistakes that people make when dealing with their information, can save someone from identity theft. Most identity thieves can get personal information just by simply looking in the trash. Your wallet can get stolen if not kept safely. Anything with information on it such as, credit cards, driver’s license, passports, and health insurance cards, can and will be useful to any identity thieves. Identity theft is a serious crime that can completely wreak your finances, credit history, and reputation.
In modern days, there is a type of crime that is growing very fast. It has become a very popular crime because it’s easily done, and it doesn’t leave a big trace, whether the crime is successful or not. The crime in question is Identity theft. Identity theft is a crime that involves a person or group pretending to be someone else for their own personal wants. The criminals use personal financial information such as social security number, bank and card information, your address and other personal information. According to the Insurance Information Institute, 15.4 million U.S. consumers have been victim to this crime, amounting to a loss of $16 billion, making it the most growing crime
Each year around 15 million United States residents are affected by Identity Theft. This causes financial losses of around $50 billion per year. The average amount of money stolen per victim is $4950! That is a lot of money that is just taken from people with little things they can do to affect their identity from being stolen. The most common age group for Identity Theft is 18-24. The 18-24 age groups hold over 20% of all Identities stolen. Did you know that around 6% of adults are affected by Identity Theft? People who steal other peoples Identities are just really rude. Most people work very hard to earn their money and when it gets stolen from them it is just wrong. According to statistic brain the Identity Theft fraud rate is growing very slowly each year, but it needs to be stopped completely.
Nobody thinks that it will happen to them, yet many people will find themselves as the victim of some type of criminal deception within the next year. According to the American Psychological Association, an estimate of 30 million Americans become the victims of fraud each year, whether that be by losing their retirement savings to a deceitful financial advisor or falling for an internet scam (Miller). Not all the world’s crooked people use their clever trickery with the intent for financial gain, yet some lie seeking revenge. Victims become manipulated to believe that they are talking to honest people, while the perfidious scoundrels are happily exploiting them. The greatest terror derived from this is that anyone can become a victim, and be
III. Thesis Statement: Identity Theft is rapidly becoming a national issue because anyone of us could be a victim of identity theft. How we protect our self, keep our information private, identify any signs of identity theft, and report and repair our credit is up to each one of us. We have to be vigilant about our protecting ourselves from criminals.
Have you ever received a credit card bill at the end of the month with a ridiculous amount of money needed to be paid that you never spent? This is because of identity theft. The FTC estimates that each year, over 9 million people are affected by identity theft. According to Sally Driscoll, this is because almost anyone with a computer and a slight bit of computer knowledge can pull off identity theft. Experts also claim that identity theft is the fastest-growing crime in the world. Identity theft is a global problem that cannot be stopped without effective measures. The problem is, effective measures are very hard to come by when dealing with identity theft because almost any security protocol can be by-passed.
Sullivan, C. (2009). Is identity theft really theft? International Review of Law, Computers & Technology, 23(1/2), 77-87. doi:10.1080/13600860902742596
I am going to share my personal experience as a victim of identity theft. I thought I was smart and was protecting my valuable information. I was wrong. I had just switched my major from
"Identity Theft and Your Financial Life." Daily Record [Baltimore] 23 Aug. 2004, Special to the Daily Record ed.: n. pag. eLibrary. Web. 6 July 2011.
Law enforcements have stated that Identity Theft is the fastest growing crime in the U.S. It is also that fastest growing white collar crimes. It seems as if every day there is another security breach or someone’s account is hacked into and their account is going crazy because someone has your information and is using your money. Now a day in this generation it is so much easier to have your identity stolen. The reason why I say that because you have social media, email, smartphones that have all your information on there and its easier for people to get into. Rob Douglass, an identity theft expert and has been one for more than 15 years has been helping people avoid from having their identity stolen. The IBM has said that they were a billion records leaked that had contained personal information from people during the 2014 year. Things like this is what is so scary about identity theft which can cause a lot of problems under your household. The most important concern with all of this is that peoples personal and private information is not safe since the threat of people’s identity is constantly growing every day. In the state of Maryland, you can get up to 10 years for identity
Identity theft is a non ethical criminal offence. It is when someone gathers someone’s personal information and uses it against them. Fraudsters usually get a hold of personal information using three methods: information given away, offline methods and online methods. People commit this crime for many different reasons, but they all have one common goal of using some else’s identity to their advantage. There are many different type of identity thefts, which are categorized on what the criminal is using the identity for. Having said all of this, identity is a crime that can cause a lot of finical and reputation damage to the victim and that is why it is important to prevent it. Identity theft can be prevented if everybody knows exactly what it is and what they can do to keep their identity safe.
America,” (Weidenfeld 1). Being the number one crime, identity theft is very dangerous. If your