One year after it was enacted, Newsfactor has an article discussing the (in)effectiveness of the US Identity Theft Penalty Enforcement Act. Critics say that it has not discouraged identity theft as it only ups penalties for those who commit the crime.
NewsFactor Network - - U.S. Passes the Buck on Identity Theft:
"Critics of the federal legislation cite its largely unenforceable nature as the primary reason it will not work. The higher penalty is of little value, they say, if the identity thief cannot be caught. These malicious thefts often are committed by faceless criminals who are well hidden and distributed worldwide, said Varadarajan...."