Identity Theft   $ Merchant Fraud

Identity Theft

Problem Resolution Identity Theft or Credit Card Fraud

In a recent case handled by his office, an ID thief was able to purchase five luxury cars, expensive jewelry and clothes totaling more than $200,000. He did so using the name and good credit of a Sarasota man. The shopping spree took just 15 days.

Identity theft is becoming so common that the U.S. Secret Service, the agency responsible for investigating the crime, won't even look into a Tampa Bay area case unless a victim's losses total more than $10,000. The U.S. attorney's office sets the threshold, which applies not only to identity theft but to all white-collar crime. In some cities, such as Miami, New York and Los Angeles, the loss has to be more than $50,000 to get federal attention. "There's not enough agents, not enough federal prosecutors to go around to investigate all this crime,'' says the Secret Service special agent in charge of the Tampa Bay area.

Our most active services involve white-collar crime including Identity Theft. The bad news is that identity theft can be a nightmare. Victims have been turned down for credit, mortgages and even jobs because someone else ran their credit into the ground. And in a worst-case scenario, victims have been arrested for crimes committed by the thief.

One consumer even wrote about his experience with Identity Theft:

"This is a crime that can completely disrupt your life. It is degrading and demeaning to be accused of being an irresponsible dead-beat and be forced to correct something that was caused by the acceptance of the social security number, by a creditor, as the only primary means of identification required to do business with them. We found out the hard way that when a creditor clears an account, that account is assigned to a third party collection agency for recycling. The third party collection agency would then place this same cleared account back into our credit report. It was usually listed as a charged off or collection account. Third party collection agencies are nasty, rude, mean people to deal with. We have cleared our credit records at least four times now and dealt with 14 collection agencies so far. These previously cleared accounts kept reappearing in our reports."

Data encryption Computer security is enough of a worry that Microsoft views it as a threat to its continued success. An endless roster of security holes allows cyber-thieves to fill up their buffers with credit-card numbers and corporate secrets. It’s easier to vandalize a Web site than to program a remote control. Entertainment moguls boil in their hot tubs as movies and music are swapped, gratis, on the Internet. Consumers fret about the loss of privacy. Computer viruses proliferate and mutate faster than they can be named. You may now start to understand the world we at www.i-fraud.com have achieved our expertise to operate within in this global arena.

I-fraud can be your painless solution to problem resolution of the #1 global problem today: identity theft where you become personally financially violated. We know from experience and history that you fear spending significant amounts of time trying to resolve the problems caused by identity theft – problems such as bounced checks, loan denials, credit card application rejections, and debt collection harassment. Invaded privacy and the continuing trauma with lack of closure with denied credit or other financial services together with time lost to resolve this problem is the www.i-fraud.com resolution unit sole function. We can save you thousands of dollars and countless hours of frustration. If you are a merchant you may wish to evaluate a more secure merchant account group at Cardnet Corporation.

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You may find us a cost-effective alternative with a complete array of technically advanced services and capabilities. Responding quickly to i-fraud.com may greatly reduce potential damage and monetary losses for you. Consider us your emergency crime response group. Obviously, the scope of the services will vary depending on the scope of the assignment. You're the patient, tell us more.

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