Poster
07-16-2004, 08:54 AM
A new law signed by President Bush has added two additional years or prison to those convicted of identity theft in a federal court. Those that use identity information for “terrorist offenses” will receive an extra five years. Identity theft was the number one fraud complaint to the FTC last year, accounting for over half of all complaints.
Like other forms of stealing, identity theft leaves the victim poorer and feeling terribly violated," Bush said at a White House ceremony. "The criminal can quickly damage a person's lifelong effort to build a good credit rating."
If prosecutors "have a tool that changes the sentencing guidelines from probation to a prison sentence, it could have significant results in people cooperating with the government and exposing larger parts of the criminal network," said James H. Vaules, vice president and fraud expert at LexisNexis, the Dayton, Ohio, archiving company.
For more information see: http://www.washingtonpost.com/wp-dyn/articles/A53186-2004Jul15.html
Like other forms of stealing, identity theft leaves the victim poorer and feeling terribly violated," Bush said at a White House ceremony. "The criminal can quickly damage a person's lifelong effort to build a good credit rating."
If prosecutors "have a tool that changes the sentencing guidelines from probation to a prison sentence, it could have significant results in people cooperating with the government and exposing larger parts of the criminal network," said James H. Vaules, vice president and fraud expert at LexisNexis, the Dayton, Ohio, archiving company.
For more information see: http://www.washingtonpost.com/wp-dyn/articles/A53186-2004Jul15.html