Although banks often absorb bogus charges, its up to identity theft victims to clean up their credit histories and recover stolen funds. On top of lost time, money and emotional energy, victims face the frustration of rarely seeing anyone pay for the crimes. Identity theft cases are rarely prosecuted, said Avivah Litan, an analyst who studies fraud and identity theft for the research firm Gartner. Local police have limited resources, and criminals are often overseas, so unless its part of a bigger pattern, theyre not going to spend much time pursuing it.
Posted on: Sun, 14 Dec 2014 16:01:14 +0000
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