Internet crime schemes that steal millions of dollars each year from victims continue to plague the Internet through various methods. Following are preventative measures that will assist you in being informed prior to entering into transactions over the Internet:
In an age when your credit score determines not only the interest rate you get on loans, but everything from insurance premiums to apartment rentals to jobs, identity theft can be financially devastating.
This video demonstrates the credit card skimming equipment crooks (a.k.a. Carders) use to steal your credit card number, how they use your credit card, ATM and debit card numbers and what to look out for.
This information is from the website:Internet Safety Advisor
The American Federal Trade Commission believes that 9 million Americans have their identities stolen every year!
Identity theft and identity fraud refers to all types of crime in which someone wrongfully obtains and uses another person's personal data(social security information, credit card, etc) without permission, in some way that involves fraud or deception, typically for financial gain.
How do they do it?
Credit card fraud:
Open new credit card accounts in your name. When they use the cards and don't pay the bills, the delinquent accounts appear on your credit report.
Change the billing address on your credit card so you no longer get the bills, and then run up charges on your account. Since your bills are being sent to a wrong different address, it may be some time before you realize there's a problem. Genious!
Phone or utilities fraud:
Government documents fraud: