There is a great deal of money to be made by stealing your identity with few consequences. This is very motivating to those who work in this particularly shady line of business. For you, however, it means that there are always new methods of theft to watch for, including variations of the most common identity theft scams. At minimum, reading this page will give you enough information to at least be on the lookout for potential identification fraud techniques and possibly avoid being a victim.
Phishing ID Theft
Arguably, the most common (and successful) identity theft scan is phishing. In a phishing scam, a company or individual creates an email that appears to be from a respected financial institution – your bank or a website such as PayPal or eBay where you might have an account.
When you open the email, you see a message from PayPal alerting you to a problem with your account – usually something urgent such as potential fraud or pending account closure. To resolve the problem, the email will tell you, simply visit the site through the link below, enter your personal information to verify that the account is in good standing and everything will …