Identity theft has become one of the fastest growing crimes in America. It is happening to celebrities as well as everyone else. Credit identity theft is the unauthorized use of your identifying information to open new financial accounts or use of your existing accounts to steal your money or charge items, leaving you with the bills. Even though there are laws prohibiting this type of activity, you should take care to avoid becoming a victim.

But there are many other ways you can be victimized. Internet crime, fraudulent schemes and other scams are major concerns to almost everyone. With more financial transactions being conducted online and what seems like a growing presence of con artists, it is important to protect yourself. Criminals can be tricky and persuasive. There are no guarantees but the best prevention is awareness and common sense.

The results can range from a $5.00 tip on a restaurant charge being raised to $15.00 by adding a "1" to the tip 1 to tens of thousands of dollars being charged in your name on accounts you did not authorize.

There are four steps you should take to protect yourself:

• Be aware of the risks.
• Take steps to eliminate or reduce those risks.
• Constantly monitor your finances to ensure your protective steps have been effective.
• Take action immediately if there is a problem.