Identity theft refers to when another person steals your identity and uses it as their own. This is usually done so that they can purchase items without the consequences. They can steal a number of items in order to try and pass with your identity. This can be your credit cards, drivers license or other official IDs, your social security numbers and even passwords or pin numbers to your personal financial accounts.
Identity theft is illegal and is a punishable crime. This occurrence happens regularly and can be done physically by stealing these types of cards or electronically, through the internet if someone is not careful. Recovering from identity theft can be difficult, but it can be done. It often results in large amounts of debt in your name.
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