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November 16th, 2010

Identity Theft

A simple example but fraudsters are always surfing the net looking for prey who do not know that a simple e-mail asking for the bank account number or online banking password is all they need to make you a victim of identity theft. Identity theft in the old days had imposters dressing up like knights and lords and stealing silver. But the online fraudster who will steal your identity is the deadliest of all evolution as there are chances that they won’t leave behind any electronic or physical evidence about the identity theft. Their con gets lost in the ocean of bytes and their true identity is never revealed. And they are the toughest to catch.