Identity Theft: A Dominant White Collar Crime

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tremendously serious ways, they may lose the ability to access their financial identity, the ability to cask checks, obtain credit or buy a home, or they may even be arrested for a crime committed by identity thieves (Swecker2). In 2003 survey has shown that 4.6 percent of the United States population ages eighteen and older were victims of identity theft, 9.91 million of people lost over 52.6 billion dollar from only new account frauds (Swecker2). In another case “survey by the Bureau of Justice Statistic, victims reported losing over 24.7 billion dollar in direct and indirect costs because of identity theft in 2012” (Morton2). According to Swecker, identity theft has emerged as one of the most dominant white collar crime problem in the

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