Identity Theft

By: Cathy, Cayley, Danielle, Jesse

Agenda

Definition
Consequences of Identity Theft
Ways to Prevent Identity Theft
What Restrictions Should Be Placed To Prevent This Abuse Of Power?
Current Crisis of Identity Theft
Identity Theft Video
Statistics
More Statistics
Chart Statistics of Identity and Fraud
Danielles Opinion
Cayleys Opinion
Cathys Opinion
Jesses Opinion
Thank You for Listening to Our Presentation
Bibliography

Definition
Identity Theft is a very serious crime. The
crime occurs when a person collects the
personal information of others and then
uses it as their own.

Consequences of Identity Theft

You could be fined

You may be sent to jail
The punishment is more severe for a person of authority
The victim needs to spend lots of time and money for
this to be resolved

Ways to Prevent Identity Theft

Do not give out your social security number

Shred all documents that contain financial and personal information
Never give out personal information
Check your credit report annually
Review your financial accounts regularly

What Restrictions Should Be Placed To

Prevent This Abuse Of Power?
Banks should reinforce their rules on any type of money management
People should make sure they have secure control over their account and
assets
Limit the amount of information you give out on the internet or any form of
communication
Make sure any personal information given out is going to the right source
Keep an authorized access to any crucial information
Internal Breaches might be needed - ex. IBMs company software
If youre going in to summit any legal documents, bring a reliable witness
with you

Current Crisis of Identity Theft

Zach Freisons identity was stolen at the age of 7
He wasnt aware of the situation until he reached the age of 17
He found out that someone spent $40,000 to pay for a houseboat and they
never ended up paying
This ruined the 17 year olds credit record
Him and his mother spent weeks talking to banks trying to sort out the
problem
Zach is now 21
He goes around to different schools in America and teaches them about
identity theft

Identity Theft Video

Statistics

Fastest growing non-violent crime in North America.

January 1st to June 30 2014 10,063 victims affected by identity theft and $4,633,869.00 lost.
June 2014 there were 1,554 victims affected and $827,817.19 lost.
Two of the largest credit bureaus receive about 1400 to 1800 complaints of identity theft per
month.

Over $100 million spent by banking industries trying to fight identity fraud and theft.
2006 poll found that 71% of Canadians were very/somewhat concerned about identity theft.
Before throwing out documents with personal information, 1 in 3 Canadians do not rip them up.

Most victims/complaints of identity theft are between the ages of 50-59 years.
2000 victims and over 6000 complaints of identity fraud between ages of 50-59 in 2012.
Identity theft victims spend average of 600 hours recovering from crime.
Time spent recovering from identity theft went up by 240% in past 3 years.
Homes owned by people from ages 18-24 with income of $75,000 or more will most likely be
affected by identity theft.

Chart Statistics of Identity Theft and Fraud

Danielles Opinion
Identity theft needs to be stopped
I do think that the crisis of identity theft has gotten more intense over the
years
I still believe that it is a problem
People who commit this crime may be depressed or have something
wrong with them
Its a very hard situation to be put in
The crime will never stop
It may continue and get worse

Cayleys Opinion
Identity theft is a horrible crime
The people who commit the crime of identity theft need to be
stopped
They have no respect for human beings and their belongings
It is very hard to get back on your feet after the scenario
Situation will get worse in a matter of time

Cathys Opinion
Identity theft is a serious crime and an issue to that needs to be dealt with
Many citizens have been affected by this crime, not only in Canada, but all
over the world
Countries are starting to realize the consequences, thus leading to harsher
sentences or fines ex. in France, the fine is 75,000 euros or 5 years in
prison
Not only does identity theft affect people mentally, but physically too due to
their mental state affecting their physical appearance or position.

Jesses Opinion

People who commit the crime of identity theft don't have self respect and don't have respect for
others.
If had self respect, would be okay with who they are and wouldn't steal another person's identity.
Aware that it may be to get money but thats because they have put themselves in a position
where they think the only thing or the only way to get money to provide for themselves or their
family is to steal.
Don't have respect for other people because they are willing to dramatically change some else's
life to benefit themselves while running a great risk of getting caught.
Committing a legal act that will follow them around for the rest of their lives while leaving a bad
memory with the person who they have stolen the identity of.
Overall, act of identity theft is not good as well as illegal and changing the course of someone's
life, even if for a short amount of time.

Thank you for listening to our

presentation.

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