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Pharma Investments, Ventures & Law Weekly

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CSIdentity



Job Scams Likely to Rise as Economy Struggles



June 21st, 2009

In desperate times, desperate people will do anything to get a job. An estimated 30 percent to 40 percent of job applicants provided altered or fabricated information on their applications last year, according to the Privacy Rights Clearinghouse

"Businesses should expect that number to rise during tough economic times," said Bill Morrow, CEO of identity theft protection company CSIdentity (http://www.csidentity.com/). "In dire situations, people will try anything and everything to obtain a job. If that means stealing an identity to conceal a criminal past or hide other indiscretions, people will do it. Now is the time when companies need to...


Source: Pharma Investments, Ventures & Law Weekly (2009-06-21)

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