Your Guide to Prevent Wallet Theft

Identity theft is one of the serious crimes that adversely affect the lives of millions of people per year in the US

. As per the studies revealed by the credit card companies, one of the prime reasons for identity theft is pick-pocketing. In other words, about 50% of identity theft occurring in the US is obtained from the stolen wallets. Today, majority of people store their most important personal data including credit cards, social security card, and drivers license, apart from hard earned cash, in wallets, thereby making it convenient for thieves to commit fraudulent activities via using this critical information. The consequences of identity theft are quite serious, and it may sometime take years for the victim to recover from the after effects of identity theft. Hence, the only way to prevent wallet theft as well as identity theft is via being careful. Mentioned below are some simple yet useful tips that help to avoid wallet theft. If you have a tendency to carry your important bank notes or bills in your wallet, then avoid carrying it in your wallet. It would be better if you make your bank transactions online and that too via the banks website. This in turn would help to avoid carrying valid bank notes in your wallet. Likewise, it is not advisable to carry significant governmental papers in your wallet, and it would be better if you leave it at home and that too in a safe place. Since, it is very useful for a criminal to commit serious crimes, never carry social security card in your wallet, if it is not necessary. Further, dont carry your check book with you when you go outside. If you want to take it, then just carry that is needed and that too after duly filled out as well as mentioning the name to whom it should be given. Equally important is to carry not more than one credit card or debit card in your wallet. Also, be careful while dealing with the credit cards, as thieves use a special kind of device to clone your credit card details in order to use it for fraudulent purposes. Above all, it is important to organize your wallet in a proper way via slimming down it. Remove all unnecessary papers from your wallet. Similarly, secure all of your important documents at your home safe. Above all, the usage of iWallet the high tech cash and credit card wallet - can help you prevent identity theft. Introduced by Iwallet Corp iWallets specialty is that it could be opened or accessed only if it recognizes your finger print. This is due to its incorporated biometric scanner. Further, it also serves as theft deterrent to protect your mobile phone, as it could be paired with selected PDA phones via the Bluetooth Technology. As such, it results in a audible alarm if your mobile phone and iWallet is separated by 15-30 ft away.

Your Guide to Prevent Wallet Theft

By: Steve Cabouli

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