Identity theft

no help for consumers

Authors

  • John E. Matejkovic Department of Finance, College of Business Administration, University of Akron, Akron, OH 44325-4803, USA
  • Karen Eilers Lahey Department of Finance, College of Business Administration, University of Akron, Akron, OH 44325-4803, USA

DOI:

https://doi.org/10.1016/S1057-0810(02)00089-6

Keywords:

Identity fraud, Identity theft

Abstract

Identity theft is a growing problem in the American economy. While there have been attempts to address and minimize the problem, those attempts have focused on making identity theft a crime. This paper discusses the inadequacy of this approach from the perspective of individual victims of identity theft, and the fact that the law currently provides those victims little recourse or remedy for the harms they suffer. It also offers a proposal for legislation that would provide some remedy as well as an incentive to protect consumer identity information. Copyright 2001 Elsevier Science Inc. All rights reserved.

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Published

2001-12-30

How to Cite

Matejkovic, J. E., & Lahey, K. E. (2001). Identity theft: no help for consumers. Financial Services Review, 10(1-4), 221–235. https://doi.org/10.1016/S1057-0810(02)00089-6

Issue

Vol. 10 No. 1-4 (2001): Financial Services Review

Section

New Original Submission

License

Copyright (c) 2001 Elsevier Science Inc.

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