Identity theft is often for financial gain,and the stolen identity is used to apply for and use credit cards in the victim's name or to apply for loans.

Question

Quizplus · Accepted Answer

Identity theft is the forging of someone's identity for the purpose of fraud.The fraud is often for financial gain,and the stolen identity is used to apply for and use credit cards in the victim's name or to apply for loans.But it can also be simply to disguise a real identity,particularly if the thief is hiding from law enforcement or is running some sort of scam.

Identity Theft Is Often for Financial Gain,and the Stolen Identity