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Identity theft is a type of fraud that involves stealing someone’s personal information, such as their name, Social Security number, credit card numbers, and bank account information. This sensitive data is then used by the thief to make unauthorized purchases, open new credit accounts, or even commit crimes in the victim’s name. It can have devastating consequences on a victim’s financial and personal well-being, and can take years to fully recover from. Preventative measures, such as regularly monitoring credit reports and using strong passwords, can help individuals protect themselves against identity theft.
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