What is identity theft?

Identity theft is when a person steals personal information, such as the name, address, birth date, Social Security number or mother’s maiden name from another person in order to commit fraud. The thief then uses this information to impersonate the victim and take over their financial identity.

With a relatively small amount of information criminal can taking over banking, insurance or investment accounts, open new bank accounts, purchase automobiles, apply for loans and credit cards, receive Social Security benefits, rent apartments, and even establish utility and phone company services, all under the stolen identity.

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