illustration of computer screen displaying Twitter and personal informationBy Daisy Chan
The latest scams to steal your personal information are scarily simple-and effective. Learn how to protect yourself. Photo by: Jenny Bowers
You thought shredding documents was enough to protect you from having your identity stolen, but thieves have found new ways to rip you off. No wonder 9 million Americans fell prey to them in 2010, according to the most recent data from the Federal Trade Commission. The average out-of-pocket cost to the victim? About $3,000! Here's how to safeguard your identity-and your cash-from the three newest scams.
See sneaky ways websites get you to spend more.
THE SCAM: Trolling social networking sites
HOW IT WORKS: Thieves check out Facebook and Twitter looking for any piece of personal information they can use to search for your address, such as your name or phone number. "Once they know where you live, they can submit a change of address form and have your mail sent to their P.O. box," says John Sileo, founder ofRead More »from How to Prevent Identity Theft