thief obtained a loan in their name. Bank fraud is sometimes perpetrated from the inside by a bank employee or manager who already has access to financial information and will sell it to the highest bidder. There are also thieves who already have some of your information and will disguise themselves as a bank official to try and get banking account numbers. Never give any information over the phone to somebody that claims that they work for a financial institution. Instead, ask foAccording to the Federal Trade Commission, the most common types of identity theft are credit card fraud, utility fraud, bank and loan fraud, employment-related fraud, and government document or benefit fraud. While many people are award of credit card fraud as it is the number one crime committed and is also the easiest way a criminal can use your information, it is important to understand the other types of identity theft in order to protect yourself. It is the goal of this article to discuss remaining four types of identity theft and some ways to protect you from each method. While nobody is completely safe from identity theft, there are steps you can take to reduce the chance of becoming a victim.

Identity theft can extend to utility fraud which is currently rated the number two type of fraud in the United States and is actually higher then credit card fraud in certain states. Utility fraud is relatively easy to commit and is the practice of an identity thief using your personal information to obtain utility accounts such as gas, electric, water and sewer, cable, and other services. The thief can also setup telecommunication accounts such a home or cell phone and in many cases a thief needs only your name, address and phone number to commit utility fraud. About 15 percent of senior victims report that an identity thief obtained unauthorized telecommunications or utility equipment or services in their name. In order to avoid utility fraud it is imperative that you keep a tight rein on all of your personal information. Burn or shred any documents or mail with your personal information on it instead of putting it in the trash as many thieves are not above dumpster diving.

Bank and loan fraud is another identity theft crime that often affects the elderly as about 10 percent of all victims over age 60 reported fraud involving their checking or saving accounts and seven percent reported that an identity thief obtained a loan in their name. Bank fraud is sometimes perpetrated from the inside by a bank employee or manager who already has access to financial information and will sell it to the highest bidder. There are also thieves who already have some of your information and will disguise themselves as a bank official to try and get banking account numbers. Never give any information over the phone to somebody that claims that they work for a financial institution. Instead, ask for

le to discuss remaining four types of identity theft and some ways to protect you from each method. While nobody is completely safe from identity theft, there are steps you can take to reduce the chance of becoming a victim.

Identity theft can extend to utility fraud which is currently rated the number two type of fraud in the United States and is actually higher then credit card fraud in certain states. Utility fraud is relatively easy to commit and is the practice of an identity thief using your personal information to obtain utility accounts such as gas, electric, water and sewer, cable, and other services. The thief can also setup telecommunication accounts such a home or cell phone and in many cases a thief needs only your name, address and phone number to commit utility fraud. About 15 percent of senior victims report that an identity thief obtained unauthorized telecommunications or utility equipment or services in their name. In order to avoid utility fraud it is imperative that you keep a tight rein on all of your personal information. Burn or shred any documents or mail with your personal information on it instead of putting it in the trash as many thieves are not above dumpster diving.

Bank and loan fraud is another identity theft crime that often affects the elderly as about 10 percent of all victims over age 60 reported fraud involving their checking or saving accounts and seven percent reported that an identity thief obtained a loan in their name. Bank fraud is sometimes perpetrated from the inside by a bank employee or manager who already has access to financial information and will sell it to the highest bidder. There are also thieves who already have some of your information and will disguise themselves as a bank official to try and get banking account numbers. Never give any information over the phone to somebody that claims that they work for a financial institution. Instead, ask fo

tity thief using your personal information to obtain utility accounts such as gas, electric, water and sewer, cable, and other services. The thief can also setup telecommunication accounts such a home or cell phone and in many cases a thief needs only your name, address and phone number to commit utility fraud. About 15 percent of senior victims report that an identity thief obtained unauthorized telecommunications or utility equipment or services in their name. In order to avoid utility fraud it is imperative that you keep a tight rein on all of your personal information. Burn or shred any documents or mail with your personal information on it instead of putting it in the trash as many thieves are not above dumpster diving.

Bank and loan fraud is another identity theft crime that often affects the elderly as about 10 percent of all victims over age 60 reported fraud involving their checking or saving accounts and seven percent reported that an identity thief obtained a loan in their name. Bank fraud is sometimes perpetrated from the inside by a bank employee or manager who already has access to financial information and will sell it to the highest bidder. There are also thieves who already have some of your information and will disguise themselves as a bank official to try and get banking account numbers. Never give any information over the phone to somebody that claims that they work for a financial institution. Instead, ask fo

tility fraud it is imperative that you keep a tight rein on all of your personal information. Burn or shred any documents or mail with your personal information on it instead of putting it in the trash as many thieves are not above dumpster diving.

Bank and loan fraud is another identity theft crime that often affects the elderly as about 10 percent of all victims over age 60 reported fraud involving their checking or saving accounts and seven percent reported that an identity thief obtained a loan in their name. Bank fraud is sometimes perpetrated from the inside by a bank employee or manager who already has access to financial information and will sell it to the highest bidder. There are also thieves who already have some of your information and will disguise themselves as a bank official to try and get banking account numbers. Never give any information over the phone to somebody that claims that they work for a financial institution. Instead, ask fo

thief obtained a loan in their name. Bank fraud is sometimes perpetrated from the inside by a bank employee or manager who already has access to financial information and will sell it to the highest bidder. There are also thieves who already have some of your information and will disguise themselves as a bank official to try and get banking account numbers. Never give any information over the phone to somebody that claims that they work for a financial institution. Instead, ask for an appointment where you can meet with them in person at the bank. It is also important that you never click on an e-mail link in a message said to be from a financial institution asking for information to verify your account. A legitimate bank will never use this type of communication.

Employment fraud comes in two styles with the first type being where someone steals your social security number to get employment. With the ever increasing influx of illegal immigrants looking for work in the United States, the chance of somebody using your social security number to find gainful employment is on the rise. In fact, about two percent of victims over the age of 60 reported that an identity thief used their personal information for employment purposes. While you can reduce the possibility of this crime by keeping tight control of who has access to your social security number, there are no guarantees as many of these illegal immigrants will pick as social security number at random. While most people utilizing this method are simply people looking for work and not true identity thieves, the method is still illegal and can cause some negative effects for the victim.

The second type of employment fraud should be particularly concerning to most Americans as this is the practice of a thief obtaining employment in small businesses such as doctor's offices, dentists, and banks to gain access to patient or customer records. Because it is the responsibility of a business to keep their records safe, there is very little an individual can do about this type of crime other then choose only well known and reputable businesses with a strong privacy policy.

Government fraud can occur in many ways including tactics such as applying for government benefits, unemployment insurance, financial aid, or even filing for bankruptcy while using somebody else's social security number. Some identity thieves will commit traffic