Daniel Rosen explains identity theft and why it matters. The FTC reported over 1.1 million cases in 2022, with fraud losses jumping 30% to $8.8 billion. Watch for unfamiliar charges, new credit lines, and unexpected bills.
More than 1.1 million cases.
Losses increased 30% to over $8.8 billion.
March 15, 2023.
Is that really you, or has someone stolen your identity? Well, the more time we all spend online, the more opportunities criminals have to use our information, destroy our credit, and ruin our lives. It's important to know that identity theft happens when someone uses your personal information without permission. This can lead to bogus credit card charges, late payments, overdraft fees, and even bankruptcy in your name. The FTC reported that more than 1.1 million cases of identity theft were reported in 2022, with financial losses from fraud jump jumping 30% to over $8.8 billion. So what can you do? Familiarize yourself with warning signs of fraudulent activity, such as unfamiliar charges, new lines of credit, or unexpected bills. And remember, identity thieves destroy lives. It's essential to protect yourself before fraud happens and fight back immediately when it does. Tune into my podcast to learn more about how to stay safe out there.
