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Dear Sir or Madam: I am a victim of identity theft. I recently learned that my personal information was used to open an account at your company. I did not open or authorize this account, and I therefore request that it be closed immediately.
What does identity theft insurance not cover? It's important to note that these insurance policies typically don't cover stolen money or direct financial losses from fraudulent purchases and other unauthorized use of credit accounts. They typically reimburse you only for the costs of the reporting and recovery process.
Identity theft happens when someone takes your name and personal information (like your social security number) and uses it without your permission to do things like open new accounts, use your existing accounts, or obtain medical services.
Identity theft--Felony. (2) Accesses or attempts to access the financial resources of that person through the use of identifying information; such person commits the crime of identity theft. Identity theft committed pursuant to this section is a Class 6 felony.
How Does Identity Theft Occur? All that is needed is a little information, such as your social security number, birth date, address, phone number, or any other information which can be discovered.
The four types of identity theft include medical, criminal, financial and child identity theft. Medical identity theft occurs when individuals identify themselves as another to procure free medical care.
This can happen through a variety of means, including hacking, fraud and trickery, phishing scams, mail theft, and data breaches.
The three most common types of identity theft are financial, medical and online.