Identity fraud is quickly becoming a major crime in the United States. As part of their ongoing commitment to consumer education, the Federal Reserve Banks of Boston and San Francisco have released a video on identity theft, entitled "Identity Theft: Protect Yourself." The video was produced by Richard Walker, Vice President & Community Affairs Officer at the Federal Reserve Bank of Boston, and was developed in conjunction with the interagency Identity Fraud Task Force.
This 13-minute video details how easily personal financial information can get into the wrong hands, allowing criminals to unlawfully obtain credit in your name. Through interviews with victims, law enforcement, and industry representatives, this video aims to provide consumers with ample information on how to protect their vital financial information. The video also outlines what a consumer should do if they suspect that their identity has been stolen.