ID Theft Surge: Criminals Stealing Bank Deposits and Checks

Reported about 1 year ago

Identity theft is on the rise with criminals employing sophisticated tactics developed during the pandemic to steal bank deposits and checks. The surge in in-person identity theft, facilitated by the illicit supply chain, is frustrating banks and the government as fraudsters exploit vulnerabilities to defraud individuals and institutions. Criminals have honed their skills at creating fake identities, stealing personal data, and manufacturing fake IDs, such as passports and driver's licenses, to carry out these crimes. The article highlights the need for enhanced security measures and vigilance to combat the growing threat of identity theft.

Source: YAHOO

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