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Becoming a victim of fraud can have many negative side effects.

  • It could mean victims are often hassled for unpaid debts that are nothing to do with them
  • Bank accounts could become frozen and this may restrict the ability to get loans, credit or even employment, and
  • County court proceedings may be initiated

These are the unfortunate effects of identity fraud, and although the victim is not at fault they could impair their financial freedom.

In any of these circumstances, PrivacyGuard can help you react quickly and efficiently and achieve a worry-free resolution.

We assign a dedicated specialist to advise you and act on your behalf, and manage the process of repairing your credit profile. Our experts have direct links to the right people who can fast-track the resolution process. PrivacyGuard reduces the time, money and paperwork it normally takes to reinstate your identity, and ensures that any detrimental information attached to your name is removed.

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DID YOU KNOW?

  • Identity Fraud increased by 32% in the UK in 2009
  • Bank accounts and cards accounted for 61% of all fraudulent openings.
  • Over 85,000 victims of impersonation were recorded in 2009

LATEST NEWS


100 million Facebook users details made available on the internet

* These are details that are already available as per a Facebook user’s privacy settings and can be accessible via any search engine. PrivacyGuard suggests that members review the privacy settings on any social networking accounts they may hold. PrivacyGuard would also like to reassure members that your Credit Alert service is monitoring your credit profile for any changes and will inform you of any changes. If you have not activated your Credit Alert service, please do so today.

*bbc.co.uk/news

Credit fraud continues to rise in 2010

The first three months of 2010 saw a 45% increase in cases where identity fraud was proven only after the product, claim or credit applied for was granted*.

Online fraud on the increase

Increased credit card security in shops (specifically chip and PIN) mean there is a move to more online fraud, with more than 51,000 attempts by criminals to steal an individual's identity and/or financial account details in 2009, a 16% increase over the previous year**.

This is an alarming trend, and the National Fraud Authority estimate that fraud in 2010 will cost the UK economy a staggering £30bn*.

* CIFAS, Fraud continues to pose problems in 2010
** UK Card Association: New Card and Banking Fraud Figures, March 2010

note *
CIFAS - The UK’s Fraud Prevention Service

note **
The UK Cards Association – Representing.Informing.Advancing