RealNews

Feds Want Tougher Penalties For Insider Identity Theft

A federal proposal to combat identity theft takes a hard line on people who use inside information to commit the crime. A federal proposal to combat identity theft takes a particularly hard line on people who abuse insider access to information to commit the crime. The House Judiciary Committee earlier this month passed a bill, the Identity Theft Penalty Enhancement Act, that would establish a new crime of aggravated identity theft–the use of a stolen identity to commit certain crimes–and increase applicable penalties. The bill also includes an amendment that directs the U.S. Sentencing Commission to revise its guidelines to include stronger punishment for those who abuse a position of trust to commit insider identity theft. The bill is likely to be brought to the full House for a vote in the near future. Full Story

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