Council on Aging Answers 2017 - 78

FINANCE & LEGAL

COUNCIL ON AGING - SOUTHERN CALIFORNIA

Identity Theft

Tips to Help Secure Your Identity
Identity theft has been the Federal Trade Commission's (FTC) most common
consumer complaint for the past 15 years, with 212,698 Americans reporting being victimized in 2014 alone. Nearly 40 percent of the identity theft complaints
that the FTC received in 2014 were reported by consumers age 50 and older.
Identity thieves not only disrupt the lives of individuals by draining bank accounts, making unauthorized credit card charges, and damaging credit
reports, but they also often defraud the government
and taxpayers by using stolen personal information
to submit fraudulent billings to Medicare or Medicaid or apply for and receive Social Security benefits
to which they are not entitled. Fraudsters also use
stolen personal information, including Social Secu78

Answers Guide 2017	

rity numbers (SSN), to commit tax fraud or to fraudulently apply for jobs and earn wages. According to
the FTC, government documents/benefits fraud was
the most common type of identity theft reported by
consumers in 2014, comprising 38.7 percent of all
identity theft complaints.
Tax-related identity theft continues to disrupt the
lives of Americans. The growing use of commercial
tax filing software and online tax filing services has

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Table of Contents for the Digital Edition of Council on Aging Answers 2017

Contents
Council on Aging Answers 2017 - Intro
Council on Aging Answers 2017 - Cover1
Council on Aging Answers 2017 - Cover2
Council on Aging Answers 2017 - 1
Council on Aging Answers 2017 - Contents
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