So, you still don't think high-tech identity theft can happen to you? There are 30,000 people who beg to differ.
Federal authorities charged three men with running a scheme to steal credit information from more than 30,000 people, resulting in the theft of more than $2.7 million, the Associated Press reported today. Those numbers could grow as more victims are identified. All it took was a PC, a phone and some ingenuity on the part of the suspects, and a lack of preventive measures on the part of the victims.
Authorities cautioned consumers to check their accounts for evidence of any tampering. We also ask them to read the following articles from
consumer finance reporter, Eric Gillin. For the past year, Eric has written extensively on the threats posted by identity theft, and how individuals can protect themselves. To read them, simply click on the headline.
Protect Yourself From Identity Theft. The crime is easy to commit and increasing, but you can take steps to deter it.
Securing Your Identity May Take Some Insurance. Identity fraud was the No. 1 consumer fraud complaint in 2001. Now, insurers are offering protection.
Avoid a Holiday Fleecing When You Shop Online. You're 12 times more likely to get ripped off on the Web. These four steps will help keep you safe.
Financial Abuse of the Elderly. It's on the rise. Here's how to detect and prevent it.
California Privacy Bill Goes Quietly Into the Night. A measure that would have prevented personal data from being sold doesn't even go up for a vote.