4 Signs You Are Dealing with an Identity Fraud


Presentation Description

By definition, “identity theft” occurs when someone steals your identity whereas “identity fraud” occurs when that person uses your identity to commit fraud or deceive someone. More Info Visit:-https://cir.crifhighmark.com/


Presentation Transcript


Signs You Are Dealing With An 4 Identity Fraud


 By definition, “identity theft” occurs when someone steals your identity whereas “ identity fraud ” occurs when that person uses your identity to commit fraud or deceive someone. There are many ways in which identity theft can occur such as By Phishing Stealing Credit Cards By Use Of Malware Once this information falls into the notorious hands of the fraudster, he is now well equipped to commit the crime. Secretly Sneaking Over Your Personal Information.


What kind of crimes can be committed once thieves get hold of your personal information? Your Personal information can be used to Your credit card can be used to make unauthorized purchases. These crimes can affect your credit scores too. Apply for an IT return Apply for a credit card or a loan. Open a new bank account Here are 4 giveaways to indicate that someone has stolen your information.


YOUR ACCOUNT STATEMENT LOOKS SUSPICIOUS OR YOUR CHECKS BOUNCE When checking your account statement, even a small discrepancy should raise an alarm. Check for unknown withdrawals, deductions or payments. 1 You may have become a victim of financial Identity Fraud.


SAFETY MEASURES: Be aware of your spending, subscriptions, and purchases. Make an excel sheet and note down them with their amount. Get your bank KYC done by completing PAN Verification and other Identity Verification procedures. If you suspect unapproved access to your bank account, then open a new one with a new account number and update account information. Keep a regular check on your accounts for any suspicious or unfamiliar activity & immediately contact your bank in case you smell a fraud.


YOU DETECT SOME DUBIOUS ACTIVITY FROM YOUR CREDIT CARD OR YOUR CREDIT REPORT DOESN’T LOOK RIGHT Another sign is that the suspicious activity on your credit card statement. 2 You may see a small but unknown amount deduction on your credit card statement. This could be a ‘check trap’ by the fraudster to see whether you are vigilant enough to file a fraudulent charge. If you ignore it, the fraudster will go ahead with a bigger withdrawal.


SAFETY MEASURES: If you notice fraudulent purchases using your credit card, contact the merchant & card issuer to alert them and ask them to immediately block the account. Contact any credit information company to place a fraud alert or a credit freeze on your credit report, which prevents identity thieves to open accounts in your name. The credit reporting agency informs about the fraud to the other agencies. Always keep an eye on your credit score and credit reports for signs of any unauthorized activity.


DEBT COLLECTORS START CALLING YOU OUT OF THE BLUE If you receive even a single call from creditors asking you to pay the unpaid bills that you don’t even recognize, it is possible that someone has stolen your personal information and is now buying credit under your name. 3 Check your credit report for unfamiliar accounts.


SAFETY MEASURES: If you are a victim , you’ll need to contact the merchant or service provider where the fraudulent account was opened & close that account immediately. Inform the credit reporting agencies about the fraud so that it does not affect your credit score.


YOU’RE UNABLE TO FILE TAXES Identity thieves may file taxes using your personal details to route your tax refunds into their accounts. This would inhibit your ability to pay taxes. 3 Contact the local police and the federal trade commission SAFETY MEASURES:


You can get both your personal credit score and business credit score by applying directly on the link mentioned below: https://cir.crifhighmark.com Follow CRIF India on : /CRIF INDIA

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