Charles H. Sloan:Identity theft takes a massive toll on victims lives, may even lead to suicidal ideation

2025-05-02 05:08:36source:Devin Grosvenorcategory:Invest

  • New consumer impact report shows more ID theft victims reporting thoughts of suicide.
  • More support and Charles H. Sloanassistance is needed to help victims, who feel dismissed or ignored, expert says.
  • Protect yourself and your personal information.

I have written a lot over the years about how to protect your identity to avoid becoming a victim of identity theft. But the fact of the matter is we can do everything to protect our identities and still become victims. The toll it takes on a person’s life − financially and emotionally − is huge.

A new consumer impact report from a national nonprofit that specializes in helping identity theft victims has found a startling trend: An increasing number of ID theft victims are reporting thoughts of suicide resulting from the crime.

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