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- Identity fraud or theft is the fraudulent use of an individual's identifying information to commit crimes such as tax fraud, unlawfully establish credit accounts, create fake IDs or passports, secure loans or enter into contracts1. It occurs when a criminal uses personal information, such as a Social Security Number or credit card account number to steal financial resources1. Identity theft happens when someone steals personal information to commit fraud, such as applying for credit, filing taxes, or getting medical services23. The thief may use physical theft or digital theft to obtain the information3. If you find you're a victim of identity theft or fraud, report the fraud and contact the police and your financial institution immediately1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Identity fraud means the fraudulent use of an individual's identifying information to commit crimes such as tax fraud, unlawfully establish credit accounts, create fake IDs or passports, secure loans or enter into contracts. Identity fraud occurs when a criminal uses personal information, such as a Social Security Number or ...www.statefarm.com/simple-insights/financial/what-i…Identity (ID) theft happens when someone steals your personal information to commit fraud. The identity thief may use your information to apply for credit, file taxes, or get medical services. These acts can damage your credit status, and cost you time and money to restore your good name.www.usa.gov/identity-theftIdentity theft happens when someone steals your personal information and uses it to commit fraud, usually for financial gain. Identity thieves can get your information through physical theft (stealing your wallet, mail, etc.) or digital theft (online scams, hacking into your system, data breaches, etc.). There are many ...money.com/what-is-identity-theft/
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