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Victims of identity theft may face years of effort proving to the legal system that they are the true person, [34] leading to emotional strain and financial losses. Most identity theft is perpetrated by a family member of the victim, and some may not be able to obtain new credit cards or open new bank accounts or loans. [34]
Thousands of unfortunate taxpayers who are the victims of identity theft are waiting up to nearly two years to receive their federal income tax refunds, according to news released Wednesday by the ...
My identity was stolen. It was a nightmare. And it could happen to you. There are a few different ways you can become a victim of identity theft.
Cheryl learned she was a victim of identity theft when she received an email from her bank telling her it was processing her platinum credit card application. “The thief applied for a card I ...
In 2012, identity theft was blamed for $4 billion of fraudulent tax refunds by the Internal Revenue Service (IRS) [8] and 770,000 taxpayers have been the victims of tax identity theft by 2013. [9] A public-private initiative by the IRS and employers in 2016 resulted in a 50% drop in incidents of taxpayer identity theft reports. [10]
The ID theft victims ITRC surveyed often reported feeling violated and having trust issues — and 16% considered suicide, up by double since 2021. "The emotional impacts are increasing ...
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