Who are the victims of Identity Theft?
Banks and retail merchants as well as the account holder become victims when an individual uses accounts which they are not entitled to use. The banks and merchants are out the money or merchandise that was fraudulently obtained. In the long run, these losses are passed on to the customer so in a way, we are all victimized by this crime. The holder of the account, although protected by insurance or credit card reimbursement provisions may have to go through a difficult, expensive and lengthy process to reestablish their credit. How Identity Theft may occur; Offenders who commit identity theft may or may not be known to the victim. There are many ways the offender may obtain the victims account information. Information can be obtained from trash bins at banks, mortgage firms, social or credit agencies and from obituaries or residential garbage cans. Bank statements and credit card statements or applications can be stolen from private mailboxes. Identity thieves could also work at locati
