Identity theft doesn’t usually mean someone steals one’s identity and then goes off to a faraway place and lives her/his life impersonating and running up bills in its name. The practical meaning of identity theft is somebody that uses another person’s name, credit card or credit rating. Sometimes list of the bills is so long. Taking out house mortgages under somebody else’s name and then flipping the house is also consider a case of identity thieves.
One type of identity theft is criminal identity theft. Criminals slipping inside the shoes of an innocent person and providing all his information for escaping troubles keeping him in the clear is called criminal identity threat.The magnitude of trauma and hassle depend on the intensity of offence brought against the victim. He will have to find the actual arresting officer and prove his real identity. The troubles crop up suddenly for the victim which leaves him startled.
Identity cloning identity theft is when the similar impersonation takes place like criminal identity threat but the variation lies in the fact that the victim may not come to know about this for an indefinite span of time. Cloning is mostly done to cover up identity and not perform any other heinous crime. Illegal immigrants may find this way the most suitable for survival.
The 2003 Identity Theft resources reported that only 15% of victim found that their identity had been stolen. About 330 hours are used by victims to resolve the issue and 73% of victims confess that, they are victimized through credit cards. The value of identity fraud has decreased from US$ 47.6 billion in 2003 to $15.6 billion 2006.
One of the most common forms of identity theft is medical identity theft. It involves snatching away of insurance details and launching false claims. The medical officers possessing inappropriate information of such scrupulous clients can land themselves in serious trouble. Child identity theft is when the social security numbers of the children are best bets for the imposter as there are no details of the children present and the crime goes undetected for years until the child grows up.
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