What Are Identity Theft and Identity Fraud? And How To Protect Yourself!

What Are Identity Theft and Identity Fraud? And How To Protect Yourself!

Courtesy of the US department of justice.

Identity theft is a crime:


Identity theft and identity fraud are terms used to refer to all types of crime in which someone wrongfully obtains and uses another person’s personal data in some way that involves fraud or deception, typically for material gain.

In here I’m trying to explain why you need to take precautions to protect yourself from identity theft. Unlike your fingerprints, which are unique to you and cannot be given to someone else for their use.

But as for your personal data -especially your Social Security number, your bank account or credit card number, telephone calling card number, and other valuable identifying data ­can be used, if they fall into the wrong hands.

 In order to personally profit at your expense. In the United States and Canada, for example, many people have reported that unauthorized persons have taken funds out of their bank or financial accounts, or, in the worst cases, taken over their identities altogether, running up vast debts and committing crimes while using the victims’s names.

And In many cases, a victim’s losses may include not only out-of-pocket financial losses, but other additional financial costs associated with trying to restore his/her reputation in the community and correcting erroneous information Affected by the criminal.

A true story

According to the justice department:

A convicted felon, not only incurred more than $100,000 of credit card debt, obtained a federal home loan, and bought homes, motorcycles, and handguns in the victim’s name, but called his victim to taunt him — saying that he could continue to pose as the victim for as long as he wanted because identity theft was not a federal crime at that time — before filing for bankruptcy, also in the victim’s name.

While the victim and his wife spent more than four years and more than $15,000 of their own money to restore their credit and reputation, the criminal served a brief sentence for making a false statement to procure a firearm, but made no restitution to his victim for any of the harm he had caused. This case, and others like it, prompted Congress in 1998 to create a new federal offense of identity theft.

Protect you identity today- This is the single most important thing you may ever do for yourself nowadays

 Life lock is the true standout name in identity theft and will monitor your identity 24/7 and maintain a constant touch with you through email and phone every time they suspect some suspicious activity.



Sam Ammouri

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