Identity Thief May Be Using Your Name for Insurance, Loans, and More Without Your Knowledge
Someone may have opened an account in your name without your knowledge, marking it as a form of identity theft that can be difficult to detect and resolve. Check now to ensure no unauthorized accounts are linked to you.
A growing number of people are falling victim to 'friendly fraud,' where scammers open a bank account in someone's name and then make purchases online using it, leaving the victim with false charges on their credit card statements. This type of identity theft can be difficult to detect because the victim doesn't realize they've been hacked until months or even years later. Authorities estimate that up to 10% of all credit card transactions involve friendly fraud, making it a major concern for consumers. Law enforcement agencies are urging people to regularly check their account activity and report any suspicious transactions.
