Is identity theft considered a white-collar crime?

Yes, identity theft is considered a white-collar crime in Wisconsin. White-collar crime is a criminal offense committed by someone in a position of trust or authority. Identity theft falls into this category because it involves taking someone else’s personal information, such as a Social Security number or credit card information, and using it for one’s own benefit. The Wisconsin Statutes address identity theft in Chapter 943. Identity theft is a class H felony and is punishable by up to six years in prison and a $10,000 fine. It is considered a white-collar crime because identity theft is committed by someone in a position of trust or authority and involves financial gain. Wisconsin also has laws in place to protect victims of identity theft. There are many resources available to victims of identity theft, such as access to free credit reports, information on how to dispute credit errors, and tips on how to protect oneself from identity theft. In sum, identity theft is considered a white-collar crime in Wisconsin, punishable by up to six years in prison and a $10,000 fine. Victims of identity theft also have access to resources to help them repair any damage that may have been caused.

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Is identity theft considered a white-collar crime?

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