The New Crime Epidemic

The New Crime Epidemic

  • Submitted By: jpwm
  • Date Submitted: 02/25/2009 2:07 AM
  • Category: Business
  • Words: 431
  • Page: 2
  • Views: 336

The purpose of this paper is to inform the reader of a new crime epidemic sweeping our nation along with our global community. According to the Federal Trade Commission (FTC) report (Broder, 2003), the 1990's spawned a new variety of crooks called identity thieves. The FTC stated before the U.S Congress that over 700,000 people a year have been affected by this crime. The perpetrators of this crime do not direct their attention towards any one single race, ethnic background or gender. Between January and December 2003, the FTC received over half of a million consumer identity theft complaints. Consumers reported losses from these complaints of more than $400 million. Internet related fraud accounted for 55%Identity theft occurs when someone uses…personally identifying information, like…name, Social Security number, or credit card number, without…permission, to commit fraud or other crimes” (Federal, 2007, para 1). Identity theft is the “nation’s fastest growing crime according to FBI statistics and identity theft/fraud is the fastest-growing category of Federal Trade Commission (FTC) complaints” (University of Oklahoma, 2004), para 1). Approximately 9 million Americans have either been a victim or have known a victim of identity theft (Federal, 2007, para 2). This paper will examine results from three identity theft and email phishing quizzes required for this class, what people should know about identity theft, and how identity theft commonly occursIdentity theft occurs when someone uses…personally identifying information, like…name, Social Security number, or credit card number, without…permission, to commit fraud or other crimes” (Federal, 2007, para 1). Identity theft is the “nation’s fastest growing crime according to FBI statistics and identity theft/fraud is the fastest-growing category of Federal Trade Commission (FTC) complaints” (University of Oklahoma, 2004), para 1). Approximately 9 million Americans have either been a victim or have known a victim of...

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