The crime of identity theft is changing and thieves are developing new methods to acquire identities. Today thieves want more than just your money.
Identity theft is rampant resulting in millions of dollars of damage each year in the United States. Over the last few years, the face of identity theft has changed. Unfortunately, consumers do not realize this change primarily due to the advertising of credit bureaus, some ID theft service companies and lack of news. ID thieves are the one group that understands the changing faces of identity theft. Yet, what can a person do to prevent ID theft when it is misunderstood and changing?
While Be Franklin said, "An ounce of prevention is worth more than a pound of cure", it is important to know that all Identity Theft Services are not created equally. The Identity Theft Prevention and Recovery Industry is an unregulated industry, which means companies can say what exactly they want and it is up to you to decide right or wrong, good or bad