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Free Credit report, Identity Theft Survey Report 2003 - Accounts opened after fraud alert

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Identity Theft Survey Report 2003 - Accounts opened after fraud alert.


· Of the 22% of ID Theft victims who contacted Credit bureaus, 62% said that a fraud alert was placed on their Credit Report at one or more of the Credit bureaus.
 
· Just 2% of respondents who requested a fraud alert said that accounts were opened in their name after the fraud alert was implemented. (Care should be exercised in interpreting this result. The number of survey participants who asked for a fraud alert was fairly small – 62 – and only one of these 62 said that additional accounts were opened after a fraud alert was placed.)
 
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Prevalence of financial fraud means consumers should be proactive

Phys.Org
Creditors can still get a copy of your credit report after taking steps to verify your identity while fraud alerts are in place, according to the FTC. Fraud alerts can be effective in stopping a criminal from opening new accounts in your name, but they ...
Prevalence of financial fraud means consumers should be proactive

House Oversight and Government Reform Subcommittee on Information ...

Insurance News Net
These data points could be used to commit a variety of more serious frauds, including obtaining your tax refund, obtaining medical care in your name and also committing financial identity theft, when new accounts are opened in your name by the thief ...
House Oversight and Government Reform Subcommittee on Information ...
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