Archive for the ‘Cars’ Category

Identity Theft a Menace

Monday, November 17th, 2008

Once you are a victim of identity theft your financial status along with your credit card takes a battering. While doing credit card comparison, check out for some cards which offer you protection against identity theft.  Not only real identity theft tribulations, out there are the problems of identity theft pranks also! 

 

So, what really is identity theft all about?

 

Identity theft is committing crimes or deceit pretending to be someone else. The person whose identity is stolen is held responsible for all the crimes he or she did not commit. For example; a person acquires cash back credit cards with your personal detail and take loans with it. Now, you have to repay the loans unless proved otherwise.

 

Identity theft pranks are often targeted towards the famous people who are an easy prey to all kind of pranks and offences. Paparazzi get a fortune snapping private life of the movie stars, basketball stars, Formula 1 racers, swimmers, et al. Cash back cards help more on these as the prankster gets his money worth out of the fun.

 

Prankster impersonates a celeb by his name and acquires cash back credit cards.  For a few months he keeps the card in his possession paying out the monthly fees. Then after a wait he ‘steals’ his own credit card and informs the respective authority. Then he goes for a shopping spree with his own stolen card purchasing the costliest of items. The authority then contacts the celeb whose identity has been messed with. After much tumult the truth finally surfaces that the whole thing was a joke.