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Identity Theft

Identity Theft

Identity Theft involves the fraudulent acquisition and use of a person’s private identifying information, usually for financial gain. This crime can result in unauthorized credit card transactions, opening new loan accounts, and misuse of health insurance or social security numbers. Victims of identity theft may face financial loss, damage to credit score, and the complex process of restoring their legal standing. Preventative measures include secure management of personal information and awareness of phishing attempts.