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n individual has their personal information stolen. They discover that someone is using that information to impersonate them and commit fraud. What does this scenario describe?

Question

n individual has their personal information stolen. They discover that someone is using that information to impersonate them and commit fraud. What does this scenario describe?

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Solution

This scenario describes identity theft. Identity theft is a crime where a third party steals and uses someone else's personal information, typically for financial gain, by pretending to be them. This can lead to fraudulent activities such as unauthorized transactions, opening new accounts, or even obtaining employment.

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