Identity theft is becoming a more common occurrence in the United States each year with the continuing development of information technology. The term typically refers to fraud that involves someone pretending to be someone else in order to steal money or get other benefits. 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.
The results of identity theft can range from small, minor inconveniences to utter financial ruin. Criminals use various methods to obtain information about their victims and with stolen identities can then commit nefarious acts such as applying for and using credit cards, stealing medical information, writing bad checks, smearing someone's reputation, and more
The best way to prevent yourself from becoming a victim is to arm yourself with knowledge about Identity Theft and Protection. Here are some great online resources for doing just that: