What is identity theft? What are the two main categories of identity theft?
Fill in the blank(s) with the appropriate word(s).
Answer: Identity theft involves the misuse of another individual's personal information, such as birth dates, addresses, Social Security numbers, and credit card information to commit fraud.
There are two main categories of identity theft. Existing account fraud occurs when an offender
obtains information involving open accounts owned by the victim, such as credit, banking, or brokerage accounts. This is the most common type of identity theft, but is typically less costly. New account fraud occurs when an offender uses the victim's personal information such as Social Security numbers, birth dates, and home addresses to open new accounts in the victim's name, make charges indiscriminately, and then disappear. They may also use stolen personal information to obtain government, medical, or other benefits to which the criminal is not legally entitled. New account fraud is less common but imposes much greater costs and hardships on victims.
You might also like to view...
Under community-oriented policing authority is derived from the:
a. law b. community c. police department d. city council
What is NOT a commonality that exists between Japan and Saudi Arabia and contributes to low crime rates?
a. Strong family values b. The same religious values c. High certainty of punishment from law enforcement d. Social solidarity vs. anomie
A _______________ book encourages active learning by utilizing the read-about–talk-about–write-about approach to "interrogating" criminal procedure in the Digital Age
Fill in the blank(s) with correct word
Historically, the juvenile justice system stressed punishment of youth
Indicate whether the statement is true or false