25,000 Identity Thieves in LA
With California known as the "Golden State",
identity thieves have made Los Angeles their
prime hunting ground for victims.
25,000 cases of identity theft were reported
for Los Angeles county during 2005 with the
projection for this year is expected to easily
surpass that record number last year.
Due to the sheer volume of cases needing
investigation, a special identity theft
task force estimates they only have
man power to address 10% of the
Evidently the thieves are also aware of a
$2,000 theft threshold before law
enforcement will even investigate.
"Thieves will take someone's credit card
information, charge under $2,000, then
take out another credit card and charge
under $2,000, so they never get caught."
The L.A. County Sheriff's Department
indicated they have experienced a ten
fold increase in identity theft
reports during the past 7 years.
While local legislators are being asked
to help contribute additional funding
to hire more investigators, the identity
thieves have a comfortable head start
for now with that other 90% of the
reported cases which do not ever
Want to lessen your odds of being in
that 90% bracket to becoming the next
identity theft victim?
Well, our tip for today is to seek out
your very own protection. Just as the
criminals have traded in their guns for
internet connected computers loaded with
fake document production capability, get
your own high tech identity theft
Enroll in a quality credit and bank account
monitoring service which will automatically
forward you wireless or email alerts whenever
suspicious activity takes place against the
threshold values you establish as normal
With 90% of the known identity theft cases
being too small for police, but large enough
for criminals to pursue, your odds to
becoming a fraud victim far outweigh
the chances of winning the lottery
anywhere in America.
So, remember, it's no longer an option to
wait further before pursuing monitoring
protection, but rather a right of self
preservation for your financial future
and immediate credit safety.