Real life rarely resembles the amusing capers of Hollywood. On the mostly unfunny side of identity theft are devastating financial consequences, including the potential to land a victim in jail.Read more
It can even be life threatening. A recent caller to the Identity Theft Resource Council, or ITRC, related a story of medical identity theft that left him unable to fill his own needed prescriptions.
... Credit card fraud accounts for the highest number of FTC identity theft complaints, at 20 percent, says Schifferle (an attorney with the division of privacy and identity protection at the Federal Trade Commission).
Other identity theft prevention steps that consumers can take to protect their valuable identifying information can be summed up in a nifty acronym from the Identity Theft Resource Council: SHRED.