VisanidethDM said:
Care to elaborate further?
As a background note, when I was graduating in law the internet was much less secure than it is now and CC scams / credit theft were already labeled as white/victimless crimes.
ID theft usually a starting poinit for whole load of crap, including:
- Go on a shopping spree with your credit or debit card account numbers.
Thieves may also create counterfeit debit cards or checks. Merchandise can be sold
and the criminals walk away with cash.
- Open credit or checking accounts in your name with your SSN and date of birth. As the bills pile up, your credit report reflects the delinquent account.
-Have your credit card statements sent to a phony address. Without the bills as a reference, it may take you a while to realize your account is being used.
- Take out loans in your name for big purchases, such as a new car.
- Set up telephone or internet service in your name.
- Avoid the responsibilities of debt or an impending eviction by filing
bankruptcy using your SSN.
- Give your name to police when being arrested. If the criminal is released on bond but fails to appear for the court date, police may issue an arrest warrant for you.
Just from some googling. There are a lot of horror stories out there. I had a pal getting arrested and hassled for fines for a long time because someone was giving his name and address to the cops.