Ghosting identity theft, a strange kind of identity theft, affects millions of Americans every year. According to the Internal Revenue Service (IRS), every year identities of 2.5 million deceased American are stolen. Identity theft is not just a problem for the living people only, but even the deceased have to suffer.
Credit monitoring services are the services which monitor your credit regularly and alerts you immediately if there is any change, like if someone tries to open a new account using your name. This way, they help to prevent identity theft.
Identity theft in the US is quite common. There were around 2 million cases of identity fraud in 2013, according to the FTC. The fraudulent activities related to identity theft amounted to $1.6 billion every year. The most common problems of identity theft include filing false government documents and applications for government benefits.
People are worried about their finances very much and want to minimise the risk of identity theft. As the personal and financial information of people can be easily retrieved with the improvements in the technology. Identity theft has become one of the fastest growing crimes because of increasing cases of identity theft year after year.
Reporting identity theft at the right time is essential as it is a growing crime these days. Thousands of victims around the globe, have been facing too many losses may it be on the financial front or on the emotional front.