Over 100,000 Britons every year become victims of identity fraud and the figure is set to double by 2010. And no wonder. Your identity is among your biggest assets, valued at around 85,000.
The Government estimates that the UK economy loses 1.7billion every year due to identity theft. No wonder it is reckoned to be the UKs fastest growing crime.
And while it makes shocking reading, those of us who havent been victims of this scam probably think it wont happen to me. However, it can happen to you. No matter whether you are a young professional or a retired person, we are all at risk of having our identity stolen.
Another misconception is that if it does happen, one simple phone call will sort it out. This couldnt be further from the truth as the thousands of victims will testify. A report from the National Consumer Council features harrowing case studies of victims who find that even months later, they are no longer able to get access to the simple things most of us take for granted such as a credit card or even utilities.
They report a feeling of getting caught in a web of bureaucracy and that they are treated like criminals as they try and prove...
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