One of the fastest growing forms of identity theft crime is tax identity theft, as data from several industry sources show. The FTC noted a dramatic increase in identity theft complaints in general, but also found that the number of tax identity theft complaints made up almost half of those reports.
All forms of identity theft have their own inherent threats, but one form can actually endanger your health. Medical identity theft, which happens when someone steals your medical information, can leave you vulnerable to changes in your medical records, trouble with your insurance company, and hefty bills to pay.
When consumers think of identity theft, they tend to envision credit card fraud, check fraud, or other crimes that can affect their finances. But the reality is that identity theft crimes fall into several different categories, mostly based on what it was a thief was after.
There are many different kinds of identity theft, all of which can have lasting effects for the victims. While financial identity theft can cause problems for making large purchases or even getting a job later, and medical identity theft can even impact the health care you receive, one type of identity theft can land you in jail if it’s not resolved.
Identity theft is a truly horrible crime. Without anyone laying a hand on you, it can seem like your entire life is on the line. Someone is “out there,” using your identity, pretending to be you, smearing your good name and your good credit. According to the Identity Theft Resource Center’s Aftermath report, identity theft is so hurtful to victims that many of them reported feelings of paranoia and mistrust, as well as more serious emotional and even physical responses.