What is Identity Theft?

Each year, thousands of Americans are at risk of having their identities stolen. Identity theft occurs when your personal information and/or identification (such as your Social Security number, bank account number or other personal identification) is stolen and then used to establish credit, borrow money, charge items or even commit crimes in your name.

How Does Identity Theft Happen?

Fraud experts agree that you are most likely to become a victim of this federal crime by traditional means, such as someone stealing your wallet or purse, searching through your trash or intercepting or rerouting your mail. To help prevent identity theft, shred credit cards and other personal and financial data, such as bills and bank statements before you discard them.