Monday, December 23, 2019

Essay about Identity Theft A White Collar Crime - 2189 Words

Identity Theft In todays society, there is a white-collar crime that has greatly risen in popularity among criminals. This crime is identity theft. Hundreds of thousands of people have their identities stolen each year. Identity theft is when these criminals obtain and use consumers personal information such as credit card numbers, bank account numbers, insurance information, and social security numbers to purchase goods or services fraudulently. According to the Federal Trade Commission, over 1.1 million people were the victim of identity theft. With this number, it is very evident that identity theft is one of the fastest growing crimes in our country. This paper will attempt to more thoroughly define identity theft. It will†¦show more content†¦This article reinforces points that will be examined more thoroughly later on in this paper. The article says that, Thieves typically rip off someone elses identity by sorting through the persons trash, stealing mail or buying information from an employee at a bank, hospital or car dealership. Armed with data, the thieves can drain victims bank accounts, ring up credit card bills in their name, get cash advances and phony loans.2 The worst part of this whole thing is that Pugliese has no idea whether or not her information will be used again against her. Although she was not held liable to pay any of the bills that were ran up, she is still faced with the never-ending task of rebuilding her credit, unraveling the crazy mess of identity theft, and not to mention, her tireless job as an attorney. The first whiff of trouble came on Dec. 10, when Pugliese saw a Federal Express notice on her door. She drove down to the office to pick it up two days later and was told that Rosalie had already picked it up.2 After this, Pugliese took all of the necessary steps to ensure that her credit was protected. She called all three of the major credit reporting agencies (Transunion, Equifax, and Experian) searching for unauthorize d accounts that were opened, she called local police, and she spoke with authorities. But after taking a vacation, sheShow MoreRelatedThe Globalization of White Collar Crimes: An Inside Look of How Fraud, Embezzlement, Cybercrime, Identity Theft and Forgery Are Increasing World-Wide794 Words   |  4 PagesThe Globalization of White Collar Crimes: An Inside Look of How Fraud, Embezzlement, Cybercrime, Identity Theft and Forgery Are Increasing World-Wide In this paper I will examine some of the aspects of white collar crimes such as: fraud, embezzlement, cybercrimes, identity theft and forgery. 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