The most common way a person may lose his identity is through thieves who snatch people’s wallets. A wallet contains most of someone’s information and that is why they use it. In a wallet thieves use credit cards, drivers licenses, and ATM cards to retrieve personal info and commit their crimes.
Identity thieves steal your identity by watching as you send mail, write checks and many other methods. These crooks may be standing behind you and write down information such as your social security number and account numbers. Other fraudsters also follow someone to the ATM machines pretending to also withdraw money and watch you enter your pin number. Once the thief gets hold of your pin number he can then snatch your wallet and withdraw your cash.

More over a thief is also able to steal your identity by virtue of getting your records at work and from unsuspecting business acquaintances. This can be done by previewing proposals, data entries made at work or provided in business websites. Some fraudsters can steal your identity by asking for your credit cards posing as insurers, landlords and even bank representatives. Here they demand that the information needed is for legal purposes. Read the rest of this entry »
