What You Need to Know About Identity Theft
Identity theft happens when someone pretends to be you and spends your money. Thieves learn enough personal financial information about you to convince others they are you. They may empty your bank accounts, rack up huge credit card debts, steal tax returns, collect unemployment benefits in your name, or sell your house from under you. The Federal Trade Commission (FTC), the agency that tries to limit and prosecute identity theft, defines it as when someone uses your personal or financial