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  2. Key Takeaways

    • Identity theft occurs when someone steals your personal information and credentials to commit fraud.
    • There are various forms of identity theft, but the most common is financial.
    • Identity theft protection keeps track of people's credit reports, financial activity, and Social Security number use.
    • Recovering from the damage caused by identity theft can take substantial time and effort.
    www.investopedia.com/terms/i/identitytheft.asp
    www.investopedia.com/terms/i/identitytheft.asp
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  3. People also ask
    What is identity theft & why is it a crime?Identity theft is a form of fraud in which a criminal steals personal information and uses it without the victim’s permission. Oftentimes, the victim has no idea of the crime until after it occurs until they receive an unexpected bill or find a credit card or loan they didn’t open on their credit report.
    What are the different types of identity theft?Three common types of identity theft are medical identity theft, financial identity theft, and child identity theft. Identity theft is a traumatic and difficult experience and can severely damage your creditworthiness. It can leave you with bills that you did not incur and cannot pay.
    What is an identity thief?According to the act, an identity thief "knowingly transfers or uses, without lawful authority, a means of identification of another person with the intent to commit, or to aid or abet, any unlawful activity that constitutes a violation of Federal law, or that constitutes a felony under any applicable State or local law."
    What is identity theft & why is it important?Identity theft is when someone steals your personal information, such as your name, Social Security number, bank account numbers, or credit card data, to commit fraud or other criminal activities. Such stolen personal information is typically used to make unauthorized purchases, open new accounts, apply for loans, or file fraudulent tax returns.
     
  4. Criminal Division | Identity Theft - United States …

     
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