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Thursday, September 25, 2008

Approved and Stronger Identity Theft Act Awaits Presidential Signature

The Identity Theft Enforcement and Restitution Act of 2008 has been approved by both houses of US legislature and now goes before thepresident to be signed into law. The bill clarifies what constitutesidentity and information theft and increases the penalties for thosefound guilty. The act does away with the minimum level of damagesrequired for charges to be filed against information thieves. Inaddition, victims of identity theft would have the right to sue theculprits for restitution.

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