Bill would freeze identity thieves in their tracks

The latest reports that a fraud ring access to personal and financial information is estimated at 140000 consumers, including Washington in 3189, manages computer databases of ChoicePoint Inc., stressed the need to stringent security measures against identity theft.Choice Point is a resident of Atlanta, compiling a huge database containing information on millions of Americans in the criminal records and other public documents. The opportunities are companies maintains a record.

The Choice Point, the files have been compromised that contain sensitive information such as Social Security numbers adapted to the names and addresses. This is exactly the type of information scammers use for identity theft to celebrate is the most rapid growth in financial fraud to the USA and the ruins of credit for millions of Americans each year.

According to a report by the Federal Trade Commission in 2003, nearly 10 million Americans are victims every year. The financial costs are high. The identity theft cost consumers and businesses and write $ 51 billion per year. And if you live in Washington, you have a better chance to live the identity theft in the past year, said the FTC Washington, the eighth highest number of identity theft per capita of each State in the country.

Identity theft is an equal chance of crime on victims of all races, income and age. If you are a victim of identity theft and have opened a new account in your name, you spend an average of $ 1495 and 600 hours cleaning up your credit. In the meantime, you can become an increasingly hard time for a car loan, home mortgages, credit cards, an apartment or even an offer because of damage to your credit card.

| Category Consumer Fraud, Texas Attorney Lawyer |

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