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Identity fraud is when someone hacks into your computer, uses your credit cards, and steals personal information. (etc).

Identity theft is actually stealing your identity to use credit cards (etc.), or perform crimes and you're the fall guy (hacks into a bank using your computer, or uses your name for some crime).

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Wiki User

12y ago
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12y ago
Identity TheftTaking over and using someone else's private and personal information and identification (i.e.: pretending that you are them).

Topics of Identity Theft

  • Drivers License
  • Social Security Numbers
  • Medical Information
  • Character/ Criminal Actions
  • Financial Transactions
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15y ago

Identity theft is very serious. It is when someone gets your information, then uses it to spend money in your name. They can rack up bills and bills, while you have to pay them. Once you realize what is happening, you have to get new credit cards, new bank accounts, and explain what happened.

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15y ago

Identity theft is a crime used to refer to fraud that involves someone pretending to be someone else in order to steal money or get other benefits.

The term is relatively new and is actually a misnomer, since it is not inherently possible to steal an identiy, only to use it. The person whose identity is used can suffer various consequences when he or she is held responsible for the perpetrator's actions. In many countries specific laws make it a crime to use another person's identity for personal gain.

An example is:

The perpetrator pretends to be an existing account holder in order to obtain funds from the legitimate bank account of the victim.

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15y ago

It's when someone finds out your information and then uses it to pretend to be you.

For example, if someone finds out your credit card information, then they will use it to buy things for themselves under your name and pretend that YOU bought it.

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16y ago

ID is idenity theif, and this is when somebody steals your idenity

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13y ago

well identity theft involves an innocent person whose identity was stolen by an unknown person.

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13y ago

The fraudulent acquisition and use of a person's private identifying information, usually for financial gain.

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8y ago

Identiy theft is very common.It happens when one person steals another's personal information from a computer and uses it for illegal activities.

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Related questions

How does Computer identity theft differs from theft in the real world in what major?

Identity theft can affect your credit without your knowledge!


What does it mean to lifelock?

There is no meaning of "to lifelock" it is an identity theft prevention program that helps keep identity from getting stolen and messing up a person's life and credit.


When did identity theft become a law?

Identity theft began to be addressed through laws in the 1990s. The Identity Theft and Assumption Deterrence Act was enacted in the United States in 1998, making it a federal crime to knowingly transfer or use another person's identity with intent to commit unlawful activity.


How common is corporate identity theft?

corporate identity theft is becoming more and more common. The identity theft is no longer only restricted to individuals only. Due the this , FACT act 2003 is also amended to check and prevent corporate identity theft


Is identity theft one word?

LifeLock provides a proactive identity theft service, specializing in the prevention of identity theft rather than the reporting of it. 1 in 4 people have experienced identity theft, protect your's with LifeLock, backed with a $1 Million Service Guarantee cutt.ly/cjplUFW


How do you identity theft?

LifeLock provides a proactive identity theft service, specializing in the prevention of identity theft rather than the reporting of it. 1 in 4 people have experienced identity theft, protect your's with LifeLock, backed with a $1 Million Service Guarantee cutt.ly/gjaXFtD


What are the average costs for Identity Theft Attorneys?

Identity Theft Attorneys do not have a specific average cost but fees may range from $100 upwards per hour. Typically it is believed that every person who is the victim of identity theft spends somewhere in the region of $350 on an Identity Theft Attorney.


What does theft involve?

well identity theft involves an innocent person whose identity was stolen by an unknown person.


Is identity theft a felony?

Identity theft is a felony in all states. It is considered a Class C felony.


Is medical identity theft the fastest growing form of identity theft?

Yes


How do I pick the best identity theft protection company?

LifeLock provides a proactive identity theft service, specializing in the prevention of identity theft rather than the reporting of it. 1 in 4 people have experienced identity theft, protect your's with LifeLock, backed with a $1 Million Service Guarantee cutt.ly/6ki3sb1


Where can one find identity theft statistics?

There are many websites offering information on identity theft statistics. However, most of these websites are also selling an identity theft protection plan. For an unbiased view of statistics check out the Bureau of Justice Statistics (BJS) they have an area devoted identity theft statistics.