What is Identity Theft?

Identity Theft is the stealing of someones identity. This can happen in various ways, the most known is credit card fraud.

 

Identity Theft is on the rise all over the world and continues to ruin peoples lives. Likely, the victim is innocent without a warning.

 

Financial Identity Theft is when a person goes to a financial institute or more commonly known as a bank. Using your personal information such as your name, address, birth date, and social security number. The identity thieve could then could a loan or credit cards under your name. The criminal gets away with the loan money, your names on the debt, and the bank doesn't get repaid.

 

 

In most cases the identity thieve gets away with this crime if the authorities can't trace it back to them.

 

 

 

 

 

 

 

 

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