Big Scammers

Thursday, March 30, 2017

Reporting Identity Fraud to the Proper Authorities


Reporting identity fraud to the proper authorities can help resolve your fraud problem faster. Identity fraud is one of the growing problems in the online industry today. Businesses and individuals have lost millions of dollars to this harmful scheme. This is the reason that the government and private institutions are closely working together to help reduce this figure and put a stop to identity fraud.

Identity fraud occurs when a fraudster uses stolen information of another individual in order to acquire services, goods, financial gain or other valuable  items. Fraudsters usually launch a  well orchestrated malicious scheme in order to stealthily acquire information of their target victims. The aim of  these malicious schemes is to buy fraudsters enough time to  take advantage of the victims 's information, before the victim finds about the ongoing fraud and files a complaint  to the proper authorities. 
The only way you can immediately stop fraudsters from taking advantage of your stolen information is by reporting identity fraud to proper authorities. This is why it is crucial for you to know where you can report identity fraud in case you become a victim of this fraud. To give you some idea where  to go when reporting identity fraud, see details  below;
Reporting Identity Fraud

  • FTC
Reporting identity fraud  to FTC or the Federal Trade Commission is one of the primary steps you can take. FTC offers a dedicated page for identity fraud victims where they can report how their identity was stolen. This online fraud reporting platform contains list of questions which you need to answer in order to provide  crucial information about your case. After you file a report, a copy of your complaint will provided to you along with a recovery plan. You can use the copy of your report from the FTC  when you file a formal complaint to your local police station. The recovery plan on the other hand will teach you how you can re-establish your identity after the  incident.

  • IC3
Reporting  identity fraud to IC3 or Internet Crime Complaint Center is made easy and more accessible through the use  of online complaint form provided on their website. Like FTC's complaint form, the IC3 fraud reporting  tool is also made up of questions that allows you to detail the most important information about your identity fraud report. Note that IC3  have no authority to investigate or launch any form of recovery scheme. However, they have the power to forward your complaint  to local authorities who have jurisdiction over your case, provided  that your report contains substantial amount of information that can give authorities a good  investigative starting point.
  • Card Provider
Reporting identity fraud directly to your card provider  is probably the most important step that you should take in case of identity fraud.  This is because only your card provider can put an immediate stop to all the transactions being conducted through your compromised account. Aside from this, your card provider can also place an alert to all your other accounts that may also be in danger of being taken over by the fraudster. The alert  offers an additional security layer to all of your accounts, meaning all of your card transactions will be carefully monitored and verified to ensure that they are authorized transactions.
The details provided above are the top institutions that you can go to when reporting identity  fraud.