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  Oracle Tips by Burleson

Web Stalkers
Chapter 8 - Identity Theft

Identity Theft

Identity theft is the impersonation of another for the purpose of obtaining or using that person’s credit or other funds.  Often, financial institutions find the deception an embarrassment.  Unfortunately, identity theft has become a common practice, and the financial institutions tend to absorb the losses rather than suffer the publicity of having these breaches exposed.

To reduce identity theft, banks are undertaking a consumer safety campaign.  For example, Citibank has run a series of advertisements to inform consumers about the danger of identity theft.  These advertisements portray the victims of identity theft with a voice over by someone of the opposite gender or a markedly different age group bragging about their shopping spree and how it was free – for them.

Arizona Sen. John McCain and his wife, Cindy, went unnoticed on a recent shopping spree at clothing and grocery stores across the East Valley.  They were shopping in name only.  A Peoria couple was arrested this week on suspicion of stealing their identities.

-- East Valley Tribune July 17, 2004

The rate of identity theft crimes is growing.  Some criminals consider it a victimless crime, since the credit card companies often absorb the losses.  The criminal and victim may live many miles apart, so the criminal feels safe committing this type of crime. 

The above text is an excerpt from:

Web Stalkers
Protect yourself from Internet Criminals & Psychopaths
ISBN 0-97-45993-9-5

by Donald K. Burleson, Stephen Andert

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