In many countries, financial crimes involving identity theft is increasing. What are the causes of this trend, and what effect does identity theft have on the victims involved? Give reasons for your answer, and provide ideas and examples from your own experience.

Offences that are related to finance are growing by using others
identity
have numerous detrimental effects on both victims and society.Nowadays, with the blessings of modern technologies ,criminals could preplan and execute several
crimes
which are mostly about
money
.The following passages will provide an overview of the impacts of
such
theft of identification.
To begin
with, people who are literate , using their intelligence in an unethical way,
hence
hacking , misrepresentation, fraud activities are occurring with other innocent's personal
identity
. people who are victims of
such
offences are being embarrassed in society,
also
they fall into financial problems owing to fraud.
For instance
, hackers of
Bikash
Correct article usage
the Bikash
show examples
app are manipulating the general people by giving false information ,and by theft the Bikash users
identity
with OTP numbers. While these
theives
Correct your spelling
thieves
get necessary information relevant to the withdrawal of
money
,they could easily transfer the amount to
other's
Fix the agreement mistake
others'
show examples
accounts.
As a result
, the public feel dilemma to using these apps.
On the other hand
, counterfeit cheque with
the
Correct article usage
apply
show examples
fake signs is a common phenomenon in
this
modern era ,whereas, criminals are using other cheques to withdraw
money
from which is completely against the law.
Moreover
, cyber
crimes
are increasing day by day through which
also
offenders demand
money
from the victims nearest person. Government should impose strict laws and punishments to subjugate these situations,
as a result
, criminals will be scared to repeat these
crimes
.Law enforcement bodies ought to be more careful and potential to prevent these
crimes
. To conclude, the tendency to use others
identity
to commit a crime may ruin the victim's life.
However
, not only the government but
also
individuals have to work simultaneously against those
crimes
.
Submitted by subarnasingha on

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