[I Luv Bush]

Does this mean that identity thefts are actually up, or are they getting better at finding them? Is this a backdoor attempt to resurrect that failed program "Know your Customer" from a couple of years ago?

[IMRight]

Does this mean that identity thefts are actually up, or are they getting better at finding them? Is this a backdoor attempt to resurrect that failed program "Know your Customer" from a couple of years ago?

I'm a career banker and training officer for a fairly large bank & I can confirm that you hit the nail on the head.

This is definitely intended as a way around the KYC problems from two years ago. Identity theft IS on the rise, but fractionally. The increases reflect primarily the fact that we have now given a name to other types of crime.

When I started 13 yrs ago - If you came through the drivethrough with someone elses checks and tried to present one made out to "cash" for a few hundred bucks we called that "theft". Now we often call it "Identity theft" because you are claiming to be that person. We lose the same amount either way and don't care what you want to call it.

[Arthur Wildfire! March]

Is this a backdoor attempt to resurrect that failed program "Know your Customer" from a couple of years ago?

Strange this is being highlighted right after the call for a national ID card, isn't it? I wonder if they juggled some stats. However, the rate seems to have doubled in previous years too. But when someone steals your identity, all the cops have to do is find someone openly claiming to be you. That should be easier to catch that other kinds of crimes so long as they know not to arrest the real you. =]

Freegards....