Most People Are Aware Of Credit Card Fraud - Learn What Other Identity Theft Crimes May Affect You

According to the Federal Trade Commission, the mostnumber to get employment. With the ever increasing
common types of identity theft are credit card fraud,influx of illegal immigrants looking for work in the United
utility fraud, bank and loan fraud, employment-relatedStates, the chance of somebody using your social
fraud, and government document or benefit fraud.security number to find gainful employment is on the
While many people are award of credit card fraud asrise. In fact, about two percent of victims over the age
it is the number one crime committed and is also theof 60 reported that an identity thief used their personal
easiest way a criminal can use your information, it isinformation for employment purposes. While you can
important to understand the other types of identityreduce the possibility of this crime by keeping tight
theft in order to protect yourself. It is the goal of thiscontrol of who has access to your social security
article to discuss remaining four types of identity theftnumber, there are no guarantees as many of these
and some ways to protect you from each method.illegal immigrants will pick as social security number at
While nobody is completely safe from identity theft,random. While most people utilizing this method are
there are steps you can take to reduce the chance ofsimply people looking for work and not true identity
becoming a victim.thieves, the method is still illegal and can cause some
Identity theft can extend to utility fraud which isnegative effects for the victim.
currently rated the number two type of fraud in theThe second type of employment fraud should be
United States and is actually higher then credit cardparticularly concerning to most Americans as this is the
fraud in certain states. Utility fraud is relatively easy topractice of a thief obtaining employment in small
commit and is the practice of an identity thief usingbusinesses such as doctor's offices, dentists, and
your personal information to obtain utility accounts suchbanks to gain access to patient or customer records.
as gas, electric, water and sewer, cable, and otherBecause it is the responsibility of a business to keep
services. The thief can also setup telecommunicationtheir records safe, there is very little an individual can
accounts such a home or cell phone and in manydo about this type of crime other then choose only
cases a thief needs only your name, address andwell known and reputable businesses with a strong
phone number to commit utility fraud. About 15 percentprivacy policy.
of senior victims report that an identity thief obtainedGovernment fraud can occur in many ways including
unauthorized telecommunications or utility equipment ortactics such as applying for government benefits,
services in their name. In order to avoid utility fraud it isunemployment insurance, financial aid, or even filing for
imperative that you keep a tight rein on all of yourbankruptcy while using somebody else's social security
personal information. Burn or shred any documents ornumber. Some identity thieves will commit traffic
mail with your personal information on it instead ofviolations or other crimes and then give a victims
putting it in the trash as many thieves are not abovepersonal information when caught as it is easy to get
dumpster diving.falsified drivers licenses, state ID's, bank cards, and
Bank and loan fraud is another identity theft crime thatsocial security numbers if you know where to look.
often affects the elderly as about 10 percent of allWhile government fraud is a major focus for the law
victims over age 60 reported fraud involving theirenforcement groups and agencies in the United States
checking or saving accounts and seven percentand government fraud comes with a high penalty, too
reported that an identity thief obtained a loan in theirfew criminals are ever caught. Once again it is up to
name. Bank fraud is sometimes perpetrated from theyou to protect your personal information to avoid this
inside by a bank employee or manager who alreadytype of fraud.
has access to financial information and will sell it to theAs you can see, identity thieves are not limited to
highest bidder. There are also thieves who alreadycredit card fraud but can practice other techniques
have some of your information and will disguisesuch as the four listed above. Even though credit card
themselves as a bank official to try and get bankingfraud, utility fraud, bank and loan fraud,
account numbers. Never give any information over theemployment-related fraud, and government document
phone to somebody that claims that they work for afraud are the top 5 methods that identity theft criminals
financial institution. Instead, ask for an appointmentutilize, it would be foolish to think that they are the only
where you can meet with them in person at the bank.methods available. The methods that an enterprising
It is also important that you never click on an e-mail linkthieve may employ is limited by only their imagination.
in a message said to be from a financial institutionBecause identity theft has become so common a
asking for information to verify your account. Acrime it is impossible to be completely safe but you
legitimate bank will never use this type ofcan take steps to reduce the risk. The important thing
communication.is to take some type of action be it taking steps on
Employment fraud comes in two styles with the firstyour own or employing an identity theft program such
type being where someone steals your social securityas LifeLock.