Identity Theft facts

While investigating facts about Identity Theft Movie and Identity Theft Protection, I found out little known, but curios details like:

LifeLock, an ID protection firm, ran a promotional in which its CEO, being so confident in the service, made his Social Security Number public. This resulted in him being the victim of identity theft 13 times, in addition to a $12 million company fine for false advertising.

how identity theft works?

The founder of a lifelock, a service designed to protect you from identity theft, made his Social Security number public to prove it worked. His identity has been stolen 13 times.

What identity theft protection?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering explain what identity theft is. Here are 21 of the best facts about Identity Theft Is Not A Joke Jim and Identity Theft Definition I managed to collect.

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1. The Lewiston Tribune once published two pictures on its front page, one of a thief who had stolen a wallet at a store, and the other of a man named Michael Millhouse. Readers quickly recognized that the thief and Millhouse were identical and called the police, who arrested Millhouse for theft.

2. A co-founder of the identity theft protection company LifeLock ordered an American Express card in his father's name and ran up $150,000 in fraudulent charges

3. About Daniel Rigmaiden, accused of 35 counts of wire fraud and aggravated identity theft, represented himself and uncovered a never before seen secret surveillance device, reached a plea deal and walked out a free man.

4. In 1913 Vincenzo Perugia was discovered to be the true thief of the Mona Lisa. He was an Italian patriot and believed the painting should be in Italy. He was an employee of the Louvre when he stole it and he kept it in his apartment for the two years it was missing. When he tried to sell the painting to a gallery in Florence, Italy, his identity was revealed and he was later arrested for the theft.

5. One of the founders of LifeLock (an American credit monitoring company) used his Social Security number in an ad campaign. As a result, he became a victim of 13 cases of identity theft.

6. A jewel theft, accused of a $6.8 million jewelry heist, was let free, because the DNA evidence found belonged to two identical twins and the jury couldn't determine which one of the two committed the crime.

7. That, while it's theoretically possible for hackers to intercept RFID credit card data, there has never been even one confirmed case of identity theft or credit card fraud resulting from RFID skimming

8. The ticker tape parade for the New York Giants in 2012 used shredded paper with personally identifiable information on it, making it into a shower of potential identity theft.

9. LifeLock CEO Todd Davis, whose number is displayed in the company's ubiquitous advertisements, has been a victim of identity theft at least 13 times since airing that commercial.

10. Only 1 in 700 identity theft cases end with the perpetrator being caught.

Why identity theft happens?

You can easily fact check why identity theft is a problem by examining the linked well-known sources.

33 Americans Fall Victim to Identity Theft Every 60 Seconds

In addition to protecting the President of the United States, the Secret Service is also in charge of dealing with counterfeit currency, credit card fraud, and identity theft. - source

Identity theft losses in total are larger than the GDP of Zimbabwe in 2014 (24.7 billion v. 13.74 billion) - source

Todd Davis, the founder of identity theft protection company "LifeLock", featured his Social Security number in ads to show faith in his product. His identity was stolen 13 times within a year, most after becoming aware.

In NY, What's The Difference Between Possession Of Personal Identification Info & Identity Theft? - source

What is a valid response when identity theft occurs?

Felony lane gang originated in Fort Lauderdale Florida, its called Felony lane because after stealing identities crooks use the farthest drive thru lane at the bank so the bank teller cannot see them. They dress up the the ID theft victim and cleans out their account by cashing checks.

How identity theft happens?

The PATH Act, which prevents the IRS from returning tax refunds to certain filers prior to February 15th to prevent identity theft

Around 17% of their annual fraud cases target children, and ~25% of children will experience a form of identity theft or fraud before they turn eighteen

I learned that 48% of all China expat job applicants get cheated or scammed during the recruitment and hiring process, but this new Reddit sub eliminates the risks including identity theft!