Why should you report identity theft?
For yourself
Reporting identity theft helps:
- Improve the monitoring of organizations that help prevent fraud attempts on your file
- Prevent consequences that could turn out to be serious
For others
Reporting identify theft also helps:
- Better define the nature of the problem, quantify it and monitor its trends for authorities and companies involved in preventing identify theft
- Protect all fellow citizens, individuals and companies from the real dangers of the Internet
- Justify efforts to invest in this type of crime prevention
- Discourage fraudsters
Police departments have additional information that could be used to more quickly and efficiently track down the fraudsters and initiate proceedings.
Do not assume that investigators already have the required information. Fraudsters often change their ways of doing business. Your case may be more unique than you think and may suggest a new trend in the methods used by fraudsters.
By taking action, thieves will realize that the significant risk of getting caught far outweighs any potential rewards.
