Which Identity Theft Service to Choose?
Wednesday, 21 July 2010
- To stop a thief you must think like a thief!
- Is your identity theft service doing enough?
With each identity theft service holding itself up to be the one amongst all of them to protect your savings, credit and personal information, it can be rather difficult to decide which one to choose. In the end the best tip you can get, is to make an effort to understand how an identity thief works to make an educated decision.
It’s Primarily Done on the Internet
By and large most transactions that are made with stolen or fraudulently obtained lines of credit and credit cards are done on the Internet and initiated from an overseas location. That is that it’s primarily people in foreign countries making online purchases using Americans stolen credit.
The First Step in Shipping Goods Overseas
So then how do they get their hands on the merchandise without having it traced to them? Also won’t the fact that the products are being shipped overseas arouse suspicion? The solution to that problem is to have them first shipped to a person in the U.S. who then re-ships them overseas.
Just Another Old Romantic Fool
Would you believe that it’s lonely hearts who are found in online dating chat-rooms who are often tricked into accepting then re-shipping merchandise bought with stolen credit card numbers? It’s an all too common scenario. An older lonely man who thinks he is involved with an attractive younger woman in another country.
Identity Theft Protection: See My Personal Recommendation Here
The Trail Always Runs to a Dead End
So the trail of the stolen loot all too often ends at the doorstep of some old fool who in most cases even used his own money to pay for the shipping. Just one more victim among many, so they’re never prosecuted. Of course the overseas location where he sent the goods ends up to be some cheap flat rented under a fake name.
The Best Identity Theft Service
The best identity theft service monitors online venues and chat-rooms using software that is programmed to detect their clients personal information. It’s places like these, where stolen credit card numbers, pin codes, debit cards, bank account numbers, etc are bought and sold for as little as $5.
It All Happens in 10 Minutes or Less
So then how long does it take for your card to be limited out or your bank account accessed, once it’s bartered on one of these underground Internet venues? A recent CNBC investigation found that on average, unless a stolen credit card was detected by an identity theft service, it took around 10 minutes for it to be depleted with online purchases.
