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Identity theft is impacting larger numbers of Americans each year and is a billion-dollar industry for criminals. These thieves use stolen social security numbers, birth dates, names, and other information to walk away with new credit, cash drained from savings and checking accounts, and good names to use as aliases when arrested. This crime affects its victims greatly, as it can be extremely time-consuming and costly to repair one's reputation and credit score, proving that purchases and newly-opened lines of credit were done fraudulently. At its most extreme, identity theft can result in false imprisonment for crimes committed by thieves using someone else's personal information.
The IRS is also reporting an increase in tax-related identity theft. Taxpayers go to file their legitimate tax returns and are told that a return has already been filed using their social security numbers, earlier in the year - and that their refund has already been claimed by the people who turned in the fake returns. The IRS requests that any taxpayers who believe they have been victims of this type of identity theft file a report with them immediately.
In South Dakota, more than two hundred people each year report cases of identity crime. Identity Theft Protection services can protect residents by offering 24-hour monitoring of personal information and put a stop to any potential fraudulent activity before it has the chance to escalate into a larger problem. Customers in South Dakota can have greater peace of mind with having their identity protected round the clock, and any issues addressed quickly and without hassle.
Simple strategies can also go a long way towards protecting sensitive personal information. Even something as basic as keeping social security cards at home, in a safe place, rather than carrying them around in a wallet or purse can prevent identity theft before it happens - in South Dakota and elsewhere.
Identity Theft In The News
The Secret Service last week sent out an internal warning that many of its field offices have reported scammers are using Informed Delivery to help them carry out identity theft and credit card fraud, ...
Published: Sat, 17 Nov 2018 02:00:00 GMT
(HELENA) that Katherine Marie Krieger of Helena was sentenced to 57 months in federal prison, three years supervised release, and ordered to pay $236,924.17 restitution for stealing a person's identit...
Published: Fri, 16 Nov 2018 14:35:00 GMT
ATLANTA (AP) - A former employee for the Internal Revenue Service in Atlanta has been sentenced to two years in prison after she pleaded guilty to aggravated identity theft. The U.S. Justice Departmen...
Published: Fri, 16 Nov 2018 05:42:00 GMT
A Madison man was sentenced to two years in federal prison on Thursday for stealing the identity of a eBay user so he could sell non-existent items on the website. James Dudgeon, 60, was sentenced by ...
Published: Fri, 16 Nov 2018 09:16:00 GMT
Consumers increasingly want eco-friendly products. Now, Swiss specialty textile effects company HeiQ has partnered with DuPont to deliver this for leather goods-a PFC-free water repellent. The compani...
Published: Fri, 16 Nov 2018 03:07:00 GMT
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