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- Identity theft is the act of using someone else’s personal information for fraudulent purposes12345.Examples of identity theft include12345:
- Misusing another individual’s credit card information sourced through illicit means and then using it for spending
- Applying for a loan or credit card using someone else’s identity
- Changing existing credit card accounts' postal addresses and racking up charges
- Draining funds from someone else’s bank accounts
- Creating fake social media profiles and borrowing funds from the victim’s friends
- Shoulder “surfing” or watching over someone’s shoulder to steal personal information or credentials
- Physically stealing a wallet or purse to obtain personal identity information
- Dumpster diving to retrieve documents that contain sensitive information
- Pretending to be a wealthy or famous person and gaining access to their credit cards and banks
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Examples include misusing another individual’s credit card information sourced through illicit means and then using it for spending, applying for a loan or credit card using someone else’s identity, changing existing credit card accounts' postal addresses and racking up charges, draining funds from someone else’s bank accounts, creating fake social media profiles and borrowing funds from the victim’s friends, etc, explains...
timesofindia.indiatimes.com/business/india-busines…Identity theft can occur in the following ways: Shoulder “surfing” or watching over someone’s shoulder to steal personal information or credentials Physically stealing a wallet or purse to obtain personal identity information Dumpster diving to retrieve documents that contain sensitive informationwww.okta.com/identity-101/identity-theft-definition/Over the years, fraudsters have created different identity theft methods to help them steal people’s identities for their own benefit. These common types of identity theft include: Financial identity theft Child identity theft Elder fraud Estate identity theftus.norton.com/blog/id-theft/types-of-identity-theftSome identity thieves sift through trash bins looking for bank account and credit card statements. More high-tech methods involve accessing corporate databases to steal lists of customer information.www.investopedia.com/terms/i/identitytheft.aspOne of the world’s best known identity thefts is that of Abraham Abdalah in 2001. He was arrested because he had pretended to be a few very wealthy American executives and celebrities. Using the identity of powerful, wealthy individuals, Abdallah gained access to credit cards and banks.goosevpn.com/blog/8-examples-identity-theft - People also ask
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