Our identities are the one thing that we need to function in the societal space, perhaps more than anything else. Even with no funds in our pockets, our identities will always be there. Your identity can help you cross borders, prove yourself for financial matters, help you authorize your personal security situations among many other things. It’s so integral to our daily lives that we forget just how much of our lives is dictated by recorded information about our existence. This is precisely why this can be so valuable for people who are interested in stealing this from you, masquerading as you in multiple different environments.
In the UK alone, fraud costs the economy on average around £193 billion a year. That is an incredible amount of money, especially when you let that figure soak into your skin. It can be quite easy to find yourself victim to this – it happens to people all the time. What matters is how you deal with these circumstances. With these tips, you’ll be able to identify when this is happening to you, allowing you to take action:
Bank Statement Issues
The first place to look is your bank statement or other savings accounts. One of the largest motivators for identity fraud is to focus on financial theft. From opening up lines of credit in your name to financing items and potentially accessing your financial information for large purchases, the moment you notice something fishy with your bank account you should contact your bank and the police or specific fraud department immediately.
The sooner you realize this, the sooner you can cut this off at the root, cancel all cards or accounts necessary while the relevant authorities try to find the culprit. You may be subject to fraud questioning and to provide a financial or personal alibi, so be prepared to present your evidence to completely prove these charges are fraudulent. Shifting all of your personal information can be helpful, as it might be that certain passport serial numbers, bank account information or perhaps more intimate details are being held by a criminal network, or perhaps are for sale on the dark web. You can use TruthFinder’s Dark Web monitoring services to find out for yourself. The fraud team you are in contact with should help you conduct this effort.
Contact By Authorities
Sometimes, the authorities manage to detect fraudulent activity in your name and will come to let you know. It might not be that the activity is currently considered fraudulent, rather that you have been behaving suspiciously. Again, rectifying the issue by providing an alibi via personal statements and paperwork can help you in these instances. These expert teams are usually very quick to detect a victim of fraud, so you’ll be in the best hands possible provided you give your full co-operation.
If you receive points on your driving license despite not driving erratically, if your passport is not accepted or if you’re notified of certain accounts being opened in your name, it could be that the relevant authorities have placed a hold on your official paperwork in order to rectify suspicious behavior. Another prominent issue could be misplaced documents. If you cannot find certain important information close to you, it may have been misplaced or stolen. Ensuring you keep on top of your personal security in the future after these matters have been resolved can help you prevent this from happening again.
While having your identity stolen is a stressful and worrying affair, it does happen to people quite often. Following some of the simple pointers in this list should help settle these matters if they occur to you.