$2 million Identity Theft Crime Ring Busted
Operating across 6 counties, a large scale identity theft
crime ring responsible for $2 million in fraud was recently
busted after six years of operation.
20 members of the ring were recently busted for creating
fake checks and charging stolen credit card numbers to
even phony businesses.
It took authorities 7 months to crack this identity
theft ring after initially recieving a report of a single
counterfeit check passed to a Los Angeles area bank.
What is particularly scary about this identity theft case,
is the length of time (6 years) they were in operation and
the $2 million in fraud they were responsible for in a
Plus, when busted, this identity theft ring had records
indicating the diversity of their fraud capability :
- Fake checks
- Stolen credit card numbers
- Wire & Real Estate fraud
- Computer equipment
This case proves that identity theft has become a very
profitable enterprise and is no longer just a crime
limited to purse snatchers or dishonest clerks stealing
personal information on an individual basis.
Let's face it - identity thieves are organized,
computerized and unfortunately often
hidden away from exposure for years.
So, our tip for today is to arm yourself against the often
times silent criminal enterprise which could very well have
already made you an identity theft victim.
Besides a credit report check, check out your much larger
real estate fraud potential by getting your personal
and background records check today - especially to catch
the identity fraud not trackable by credit bureaus.