What will be your reaction when you are notified that your credit application is rejected? Do you wonder what is happening when you receive a phone call from the collection agency saying that you have a default account? It sounds that your personal information has been stolen. Well, it blames for the technology convenience. Computer spywares and virus soft wares contribute primarily to this kind of fraud. Of course, mail thieves happen too. A statistic shows that a hug amount of money has been stolen from this kind of fraud.
Summary Report Jan 01-Dec 31/2009
Source: The Canadian Anti-Fraud Centre
Other countries Victims $2,244.00
US Victims $119,050.49
Canadian Victims $10,927,475.48
Summary Report Jan 01-Dec 31/2009
Source: The Canadian Anti-Fraud Centre
Other countries Victims $2,244.00
US Victims $119,050.49
Canadian Victims $10,927,475.48
http://www.fixmyuglycredit.com/blog/how-identity-theft/
Almost of credit card have not password, and you don’t need to show our identity when you are using the credit care on some store. so why the credit card is the highest fraud.
ReplyDeleteYes, you do have to show your ID with your credit card purchases. It is adjunt to the identity theft. Once they scammer knows your ID, he/she can withdraw fund from your credit account. The victim is not aware of the lost until he/she receives a monthly statement. In some situations like shopping online, you do not required to so a physical card, your card number can easily be stolen this way.
ReplyDeleteCredit card is a kind of identity theft. Shopping on line you do not need to show your phisical card. Instead, your credit card numbers are enough to do transaction. Scammers could use your card numbers and withdraw funds. You do not know until the monthly statement comes.
ReplyDeletecredit card is a kind of identity fraud. Online transactions do not need a physical card. A credit card numbers can be stolen and used. Victims do not notice until statements come.
ReplyDeleteeven the credit card have password, do not easy use it online.
ReplyDelete