Identity Theft is the Largest Contributor to Fraud in India
Monday, April 10, 2017
According to a particular fraud survey, identity theft accounted for 77 per cent of the fraud cases in India out of which three-fourths of the detected cases are related to financial products.
With the rise in the internet and easy access to personal information it has become favourable for the impostors to produce fake documents like driving licence etc. in someone’s name. The only way one can avoid being the victim is to increase knowledge and awareness regarding identity fraud and follow certain precautions while sharing one’s personal documents.