Identity Fraud
Fraudulent use of stolen personal information
Identity fraud involves the unauthorized use of someone's personal information to commit fraud, make purchases, or obtain benefits in the victim's name.
Identity fraud involves the unauthorized use of someone's personal information to commit fraud, make purchases, or obtain benefits in the victim's name.
How It Works
Personal information is obtained through various means
Fraudsters create fake accounts or documents using stolen data
Credit cards, loans, or services are obtained fraudulently
Purchases or transactions are made in the victim's name
Evidence of fraud often appears on credit reports or bills
Impact & Risks
Types of Identity Fraud
Financial Identity Fraud
Using stolen information to access bank accounts or credit
Medical Identity Fraud
Using someone's information to receive medical services
Tax Identity Fraud
Filing fraudulent tax returns using stolen information
Employment Identity Fraud
Using false information to gain employment
Real-World Examples
Synthetic Identity Fraud
Combining real and fake information to create new identities for fraudulent accounts
Child Identity Theft
Using children's Social Security numbers to create fraudulent credit profiles