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Posted on May 30, 2019 at 12:55 PM by Harvey Baker
Being a victim of fraud is a familiar occurrence in the United States. In 2017, 6.64% of consumers were victims of identify fraud, or about 1 in 15 U.S. residents. It is hard to imagine but there is a new victim of identity theft every 2 seconds. Every year millions of Americans regrettably lose billions of dollars to fraud or identity theft, and no one is immune. Criminals that engage in these illegal activities are becoming more sophisticated and craftier on how they steal people’s hard-earned money. They often prey on the popularity of technology and use it to employ old theft schemes to get you to send money or submit personal identification information to a fictitious source. While fraud is a national issue it is also of serious concern for local law enforcement in the state of Maryland and even here in University Park. According to the Federal Trade Commission, Maryland is ranked #7 in the U.S. in fraud crimes and for every 100,000 residents 40 incidents of fraud are reported.
Vigilance and increased awareness are a good start in preventing fraud. These basic fraud prevention tips can help reduce or eliminate the opportunity for fraud and help you stay one step ahead:
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