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Identity Crisis. Identity theft has become common in the United States. The Federal Trade Commission got 1.4 million reports of it last year as the pandemic worsened the trend.Incidents in 2019 ...
Of the 5.4 million reports filed to the FTC's consumer network, the top complaint was identity theft, which had more than 1 million reported cases. "Identity theft is a pervasive issue in the ...
But instead of stopping, Woods continued to push to regain his identity. One issue was that California was attempting to recoup expenses from his time at the mental hospital, court records show.
One of the major identity theft categories is tax-related identity theft. The most common method is to use a person's authentic name, address, and Social Security Number to file a tax return with false information, and have the resulting refund direct-deposited into a bank account controlled by the thief.
The Justice Department said in court documents in one case that more than 300 companies — including a high-end retail chain and a “premier Silicon Valley technology company” — have been affected and that more than $6.8 million in revenue has been generated for the workers, who are based outside of the U.S., including in China and Russia.
The Identity Theft Resource Center said there were 662 data breaches in the United States in 2010, almost a 33% increase from the previous year. [19] Between January, 2015 and September, 2017, the Identity Theft Resource Center estimates that there were 7,920 breaches affecting more than one billion records that could lead to identity theft. [18]