Part V: Identity Theft

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8 Terms

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  • Social Security Identity Theft:

  • Thief uses your SSN to open accounts or commit fraud.

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  • Child Identity Theft:

  • child’s identity is used without anyone noticing.

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  • Medical Identity Theft:

  • Thief gets healthcare or prescriptions using your info.

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Tax Identity Theft:

  • Someone files taxes in your name to steal your refund.

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Phishing

Fake emails/websites used to steal personal info.

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Online Shopping Scam

Fake websites trick people into buying fake products.

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Ponzi Scheme

Uses new investors’ money to pay old ones (unsustainable).

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  • Pyramid Scheme: Profits

  • are based on recruiting others instead of selling products.