The organisations sharing confirmed fraud data through the Credit Industry Fraud Avoidance System (CIFAS) – the UK’s Fraud Prevention Service – reveal nearly 60,000 cases where an individual became the victim of an identity crime during the first five months of 2013. This includes:

Over 46,000 victims of impersonation (where an individual’s identity details were used by a fraudster to open a new account in his or her name), and
More than 13,500 victims of takeover (where the individual’s existing account was broken into and hijacked).

Read the Full Article over at LP Magazine