Identity Theft Stories

15 Staggering Identity Theft Crime Statistics

October 15th, 2009

Identity Theft Crime StatisticsDo you know the annual cost of identity theft? Looking to assess your chances of becoming an identity theft scheme victim? We compiled 15 of the most staggering identity theft crime statistics for you.

They are numbers you truly have to see to believe:

1. Identity theft affected 10 million people last year, according to a 2009 Javelin Strategy & Research Center study compiling identity theft crime statistics. That’s up 22% from 2007.

2. The mean cost of identity theft per ID theft victim is $500, the Javelin study found.

10 Unbelievable Yet True Identity Theft Stories

October 6th, 2009

Identity Theft StoriesThink you’ve heard it all when it comes to stories about identity theft?  Think again. Check out these 10 shocking but true identity theft stories.

1. Get Your Identity Stolen…And Then Get Sued.
Imagine: You’re a single mom from the Bronx working hard to get by on just $2,000 a month. Suddenly one day, $38,000 disappears from your savings account and your bank slaps you with a lawsuit demanding $23,000! That’s exactly what happened to Gloria Carlo two years ago, the New York Post reports. Carlo says she lost more than $68,000 in total as a result of identity thieves stealing her information and making purchases on Jewelry Television, Shop NBC, QVC and the Home Shopping Network.

Identity Theft of Children: How to Protect Your Family

September 11th, 2009

Identity Theft of ChildrenIdentity theft is scary and surprising when it comes from the hands of a stranger. But think of what it must feel like if your own family members stole your identity and used it for their own financial gains?

The Latest Identity Theft Scheme Involves Fed Chairman Ben Bernanke

August 31st, 2009
Ben Bernanke

Ben Bernanke

It recently became frighteningly clear that no one is immune to identity theft schemes, not even Federal Reserve Chairman Ben Bernanke. On Aug. 25, Newsweek reported that Bernanke was one of hundreds of victims in an elaborate identity theft scheme. Led by Clyde Austin Gray Jr., who has pled guilty to conspiracy to commit bank fraud, the criminals stole more than $2.1 million from hundreds of consumers and 10 financial institutions.

Job-seekers: Could Your Personal Information Be Stolen?

August 24th, 2009

Job Seeker's Personal Information StolenCould you have your personal information stolen when you apply for a job? In a down economy where jobs are hard to come by, it appears some people will do just about anything for work—identity theft included.

The CBS news affiliate in Durant, Oklahoma, reports that James Matthew Chandler had his personal information stolen while applying for a job at J.C. Potter, a local sausage company. Another man used Chandler’s name, Social Security number and birthday to apply for the same job—and was actually hired!