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What You Need To Know 5 Types Of Identity Theft



M


any people do not realize      to obtain health and other        
that there are different       medical benefits and services.    
types of identity theft.       Being a victim of medical         
There are indeed several ways in      identity theft can result to      
which the identity thief can take     fraudulent billing and having     
advantage of your personal            erroneous medical files. Your     
information, while leaving you to     ability to get a health and life  
deal with the repercussions.          insurance may also be affected.   
Here's what you need to know          Imagine the nightmare of having   
about the 5 types of identity         an actual medical emergency and   
theft.                                having your insurance company     
The type of identity theft you        refusing to cover the bills as    
are probably most familiar with       records show you've already had   
is Financial Identity Theft. It       the procedure done or you've      
is when the thief uses your           depleted your insurance           
information to set up financial       coverage.

                     
accounts in your name without         

An identity thief can not only 
your permission or knowledge. The     leave you with tons of debt, but  
thief may obtain credit cards,        leave you with a criminal record  
loans, merchandise, homes,            as well. With Criminal Identity   
vehicles, vacations and more, all     Theft, the thieves use your       
in your name. Financial identity      information to obtain employment, 
theft can definitely cost you         to commit or distance themselves  
thousands of dollars in debt, not     from crimes, or provide your      
to mention the painstaking            information when questioned by    
process of clearing your name and     law enforcement. Repercussions    
credit.

                           can range from undeserved tickets 

Another type of identity theft     to outstanding arrest warrants    
is Medical Identity Theft wherein     and even temporary imprisonment.  
the thief uses your information       Victims can also be fired from    



their jobs due to an "undisclosed     one in the same. With Commercial  
conviction".

                      Identity Theft wherein criminals  

An identity thief can also use     get credit by charging it to      
your identity to begin a "new         another business' name, business  
life". Basically, the thief           operations may be severely        
openly lives and works as you.        affected due to a loan being      
This type of identity theft is        denied or called early or if      
called Character Identity Theft       interest rates on key credit      
or Identity Cloning. Using your       accounts are increased due to a   
name, the thief can collect tax       universal default cause.

      
refunds and receive your              

Truly, an awareness of these   
benefits, obtain professional         different types of identity theft 
licenses, be married, have            is helpful in protecting          
children or file for bankruptcy.      ourselves from becoming a victim  
The thieves are usually               of the crime. Given that identity 
criminals, fugitives, illegal         theft has now become more common, 
aliens, or people with poor work      it's definitely wise to know what 
or financial history.

             we are up against in order to     

These identity thieves are out     take the appropriate preventive   
there to victimized innocent          measures.

                     
people particularly seniors.                                            
They feel that seniors are easy       



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About the Author:

Author and internet entrepreneur Bernard Pragides offers expert advice and tips regarding identity theft. Learn more about identity theft and fraud by visiting his identity theft blog and his website http://www.IdentityProtek.com for more helpful information.

Article Tags: identity, theft, thief



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    What You Need To Know 5 Types Of Identity Theft