There is much to deal with after the passing of a family member, the last thing you think you would have to do is deal with credit applications. But that is just what this family had to do, as their deceased family member’s identity was stolen and used to apply for AMEX and BestBuy among other credit cards.
Identity Theft is the fastest growing crime worldwide and recently the UK identified Impersonation of the Dead or IOD as the fastest growing form of identity theft. It is estimated that over 100,000 cases of IOD fraud have occurred and that identity theft costs UK citizens over 1.5 billion pounds per year. What is being done about it and does it happen in the United States?