Identity theft is one of the fastest growing crimes in the UK and your HNW clients could be particularly vulnerable. Research produced by Experian reveals that identity fraud victims are being targeted from more affluent towns in the vicinity of the UK’s major cities such as Manchester, Birmingham and London. Wealthy couples were particularly likely to be targeted for credit card fraud or fraudulent loan applications.
Experts say HNW clients are targeted not just because they have more money, but because there are more ways they can be targeted.
This article explores how identity thieves operate and how your High Net Worth (HNW) clients can avoid becoming their latest victim.
Topics covered:
• How do identity thieves work?
• How can you minimise your HNW clients’ risk of ID theft?
• Spotting the signs of identity theft.
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